Your assets have taken years, sometimes generations to accumulate. It is imperative you have the correct structure to protect your assets.
Choosing a business structure takes into account many considerations including asset protection, Income tax minimisation, capital gains tax minimisation and ease of administration.
Other factors considered are whether the investment is active or passive, legal requirements, adaptation to change, admission of equity partners, borrowing capacity, control and succession planning.
A trusted advisor must consider all these factors and more to ensure your structure is the most appropriate now and in the future.
An incorrect structure can take years to unravel and cost an enormous amount of money in tax.