Business Trusts & Asset Protection

Lawsuits can strip a business and family of hard-earned assets and earnings acquired over the course of many years

Tax Effective works with businesses to help you mitigate this inherent risk and optimize your wealth accumulation potential

Our team of small business tax accountants Sydney design customised trust structures to offer a barrier of asset protection business owners and families need to protect their business, personal assets and bottom line.

What is a trust?

A trust is simply a structure where business or personal assets are held by a person or company for the benefit of others. The person that holds or is the legal owner of the assets is called the trustee, and the those who benefit are called beneficiaries. Income from any assets held in a trust can also be distributed to beneficiaries on lower marginal tax rates and wealth can be passed down from one generation to another, with little to no tax consequenses – making trusts exceptional tax planning tools and the most effective structure to hold your business and personal assets.

The beauty of a trust is that your business or personal assets are owned by a trustee, so if someone tries to sue you, they can only chase assets held in your personal name, not assets in held in your trust. And although the assets are held in the name of a trustee, you and other beneficiaries retain full legal control of your assets and business itself.

Working with Tax Effective Accountants, you gain the specialised expertise required to establish a secure trust centered around your particular line of work, the type of revenue earned and your unique litigation risk.

Enjoy all of the customary ownership benefits you’re used to including the freedom and flexibility to purchase or sell business assets as you please, while you limit asset ownership risk to the trust itself.

  • Safeguard your business’s intellectual property,business real estate, plant equipment and machinery
  • Protect your personal assets from litigation
  • Structure profit distribution to minimise tax obligations
  • Provide an added layer of security beyond standard insurance coverage
  • Eliminate capital gains tax on the sale of your business or once your business is passed down to the next generation

Protect your net worth and bottom line before it’s too late.

Schedule a FREE initial consultation with one of our qualified trust and asset protection business accountants Sydney, today.

You’ve got nothing to lose and everything to gain.

Call us on 1300 399 829 now

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