Our Gold Coast professionals specialise in bringing together business turnaround strategies and
your personal asset protection strategy.
Whether you have pre-existing asset protection measures in place or they are non-existent, you will be comforted by the ReGroup Solutions Asset Protection System. It bridges the gap between your structure, your accounting advice, your legal advice and what needs to be considered every financial year for your full and ongoing protection. Our system ensures you are correctly maintaining the level of protection you thought you had.
Why Our Asset Protection System?
It is estimated that every few minutes legal action is commenced. Whether this is debt recovery, commercial dispute or personal damages… would you want to be forced into it without adequate protection in place?
Regardless of who is right and your prospects, there are currently thousands of pending legal actions clogging up the courts. Statistically speaking if you have not made yourself unattractive to the plaintiff this may impede your ability to commercially settle the matter and encourage the plaintiff to press on with the action.
Learn from the Experts:
- Protect your estate from lawsuits;
- Protect specific assets from business failure;
- Protect against aggressive creditor tactics;
- Setup structures that will long survive you.
Being at the wrong place at the wrong time, associated with the wrong people, or even something your employee does could financially devastate you. Even something as common as being a company director can potentially wipe you out. Relying on insurance to cover you?
Insurance has a long list of exclusions to protect them and remember that lawsuits frequently exceed insurance benefits. Litigation lawyers and creditors are not interested in just going after insurance, if they find out you have significant assets (by performing a quick and inexpensive asset search), they will work hard at going after you as well.
In today's world asset protection is no longer optional. Don't rely on something you did 10 years ago when you set up your business to protect your hard-earned assets. Get an asset protection review done so you can at the very least participate in the discussion and make sure you are properly protected.
Asset protection is a specialty area that not only needs to combine your accounting and legal advice, your asset protection system needs to be implemented and operated as intended otherwise it’s useless. Your lawyer may have protected you against lawsuits and your accountant may have helped reduce your taxes, but are you certain that you are maximizing both strategies without missing something critical?
Our system identifies the areas where directors can manage their affairs better and therefore protect themselves in the event of aggressive creditor action or commercial dispute. In isolation these areas are not complex but as a whole are often overlooked. Particularly when times are good.
So be mindful that difficult financial situations such as, health issues, divorce or even an adverse outcome from a law suit are usually unexpected. The essential point is that you don’t usually get the heads up so you need to put asset protection strategies in place before you need them.