Published on 27 Mar 03
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
After years of tax combat, your livelihood and, worse still, your family home are seriously threatened by one perfectly explicable mistaken interpretation of the Tax Acts (how many of them are there?).
Your PI insurer has collapsed and you are fully exposed financially.
Or have you recognised that this could happen and taken early action to protect your essential assets? This presentation considers the 'rules' of asset protection and what is achievable at an early planning stage.
- Sources of attacks on assets (personal debt, professional negligence, breach of directors' duties, divorce)
- Basic principles of asset protection
- Practical problems with asset protection (or who do you trust with the control of 'your' assets)
- Protective business structures
- Tax planning aspects
Ken is a Tax and Commercial Law Director of Schurgott & Co Lawyers and Special Counsel with Brown Wright Stein Lawyers, Sydney. He has extensive experience in all aspects of tax (including state taxes and litigation), as well as business structuring, business sales and acquisitions, asset protection, succession planning and trust and estate law. Ken has been, until recently, a member of the Advisory Panel to the Board of Taxation and heavily engaged in ongoing consultation in relation to the reform of the taxation of trusts and trust issues generally.
- Current at
22 May 2017