Structures – Why it is important to get it right
An important skill that we possess here at Roberts & Cowling that often is overlooked by the general public is structuring advice. By this, I don’t mean how to build a new house or unit block but how we position your wealth, business activities and risk.
Recent discussions with not only our client but topical discussions in the media have brought to light the importance of how if you get it wrong, how costly an exercise it can be. How your structure looks and achieves the best outcome not only from an asset protection standpoint but also a taxation efficiency position depends on your individual circumstances and goals. However, the end goal is usually the same, reduce risks to your wealth and ensure taxation efficiency.
A couple of examples over the past month have not only shown how it is important to get it right from the start but also to continually review how you are structured and is it best for what you are trying to do moving forward.
Through a thorough analysis undertaken by our team of experts at Roberts & Cowling, we can provide you with information to explain how your currently structured and how to best ensure it is set up correctly. If you are concerned or not sure how you are currently structured, please contact our office so that we can explain how it all works.