Following from our earlier articles on Restructuring, we now discuss the importance of the separation of assets within a business structure.
Business structures should always attempt to separate business assets of worth, such as property or even a trademark intellectual property, from the conduct of the business. Issues such as actions from unsecured creditors or from litigation (product liability, negligence, and employee action) can and do occur regularly.
Personal assets should generally be held and protected in another structure altogether.
There is one example of a structure that separates assets. We cannot stress enough that you need to have tailored advice to the situation of the business. Please click on the link below to view this structure.
Diagram – Structure to Separate Assets
In relation to the Restructuring, we have developed significant expertise and welcome your enquires. Please do not hesitate to contact Anthony Pointon or Felicity Cara-Carson and Michael Bishop to discuss.