Adviser Masterclass Series: Structuring for Succession - Who owns what? - Succession Plus

Free Webinar – Maximise the Value of Your Business – Register Now

Adviser Masterclass Series: Structuring for Succession – Who owns what?

Webinars

Adviser Masterclass Series: Structuring for Succession – Who owns what?

By , April 12, 2018

 

What is Asset Protection?

Asset Protection is a means of using business practices and structures to create barriers between your assets and the risks faced by your business or yourself. It’s part of an insurance strategy to make sure that everything you build is protected.

  1. Why would I need an asset protection strategy?
  2. Who is at risk and what are we protecting ourselves against?
  3. What are the sources of potential risk?
  4. What is the most effective form of asset protection?
  5. When is the right time to start thinking about an asset protection strategy?
  6.  

    Asset protection is about creating financial structures and implementing business practices that are designed to protect what you own and what you earn from creditors and predators. It requires a new perspective – one that you may not have considered before: creating wealth through your business and investments is only one half of your financial strategy, the other half is about structuring your financial affairs so that your assets are protected for the long term.

    Essentially, asset protection is a method of insurance. It creates a barrier between your assets and your risks, so that your assets are protected. This is achieved through the use of strategically planned business structures in conjunction with appropriate insurance products and legal protections.

    Want to attend our next live session?
    Click here
    to register and find out more.

    "Creating wealth through your business and investments is only one half of your financial strategy, the other half is about structuring your financial affairs so that your assets are protected for the long term."

    Click to Tweet
    Craig West

    Craig West

    Managing Director | Succession Plus

    Craig West is a strategic accountant who has over 20 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. Following 6 years of study to gain two masters degrees, Craig focused on Capital Gains Tax (CGT) for business sales advising on strategic management of tax issues. This experience formed a very strong view that business owners (and often their advisers) were unprepared and unaware of the steps required to prepare a business for exit.

    Craig now acts as a strategic mentor for mid-market business owners and has written four critically acclaimed books on employee incentives, succession planning, asset protection and exit strategies. Craig has conducted numerous seminars and keynote presentations throughout Australia & internationally, including adviser education programs for the Institute of Chartered Accountants and CPA Australia.