Very professional and communicative, will use again next year. Thank you.
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Asset Protection Services
Many business owner knows that protecting assets isn’t just about reacting to crises – it’s about anticipating them. At Munro’s, our experienced Perth-based business accountants and advisors understand this too and help business owners implement both basic and advanced asset protection.
We’ve been helping WA businesses safeguard their wealth since 1973. We closely monitor court decisions and evolve strategies for clients to ensure that they are adopting the best, most modern techniques.
Taking action early is pivotal for successful asset protection, often requiring strategies to be implemented years before any issue arises.
Ultimately, we are “The Professional Problem Solvers” using an approach that is both preventative and responsive. We want you to benefit from the peace of mind that our clients mention in our more than 100 five‑star Google reviews.
Ready to secure your wealth and ensure long‑term protection?
Read Key Points & Transcript
Premium Asset & Wealth Protection Services by Perth-based Accountants
video key points
- Millionaires maintaining lavish lifestyles post-bankruptcy often owe it to early wealth protection measures, underscoring the unpredictability of crises and the importance of safeguarding assets in advance.
- Family disputes, not limited to divorce, pose significant threats to generational wealth, stressing the need for protective strategies against both known and unknown risks within family and business contexts.
- Business risks vary from straightforward issues like business name risk to complex matters involving intellectual property ownership, highlighting the spectrum of potential vulnerabilities businesses face.
- Proactive investment in protective measures is crucial for business and family wealth security, with the emphasis on early action to prevent the dire consequences of crises.
- Seeking professional assistance to mitigate exposure risks is advisable for current and aspiring business owners.
Presented by: Saul Segal
video transcript
If you’ve ever wondered why some millionaires have gone bankrupt but still live a lavish life, it can have a lot to do with how they protected their wealth long before a crisis arose.
You obviously hope that you’ll never have a crisis to deal with. But you can never predict the future with certainty.
For instance, it’s not uncommon for some form of family dispute – such as a divorce – to jeopardize the family business…. and these days you don’t even have to be married. Sometimes these situations can seriously harm wealth that has been hard earned over generations.
When in business, there are known and simpler risks to protect against, such as business name risk. There are also the potentially devastating ones like mishandling ownership of intellectual property. Then there are the unknown risks.
You have the opportunity to use strategies to protect your business and family’s wealth. The key is to proactively make this investment in protection early – since waiting until a crisis is on the horizon is often far too late.
Please, if you’re in business or about to go into business, seek out professional help to limit your exposures.
This is something we take great pride and care in, and would be delighted to help you with.
Most Popular Asset Protection Services
Advanced Tax & Asset Protection Strategies Report
$4,000 (excl. GST)
Tax Minimisation Strategies ReportFrequently Asked Questions for Asset Protection
- What is asset protection and why is it important for business owners?
Asset protection involves putting strategies in place to safeguard your business and personal wealth from potential risks such as legal disputes or creditor claims. It’s crucial because proactive measures can prevent problems before they occur and mitigate the damage if problems arise. - How far in advance should I implement asset protection measures?
Ideally, asset protection should be integrated into your business planning years before any issues arise. Early implementation maximises protection benefits and ensures you’re prepared for any unforeseen challenges. - How do you tailor asset protection strategies to my specific circumstances?
We start with a detailed review of your business structure and assets. Then, we recommend customised solutions—whether through restructuring entities or integrating advanced asset protection techniques. This process ensures the protection plan aligns with your business goals and risk profile. - Why do WA businesses choose Munro’s for asset protection advice and assistance?
We’re known for our specialist and proactive problem-solving advice. Our record is reinforced by over 100 five‑star Google reviews. - Are your asset protection solutions available Australia-wide?
While Munro’s is based in Perth, our asset protection and accounting services are available to businesses located in WA and across Australia. - What is the price for your asset protection services?
Our pricing is based on the complexity of your needs. See our pricing page to find out more and contact us for a personalised quote. - How do I get started with your asset protection services?
Simply book a complimentary Get To Know Each Other meeting. During this initial meeting we will begin to review your situation, discuss your goals and start to outline a tailored plan to safeguard your assets for the future.
Where To Begin
Come Along To An Improve Session
First Session is FREE (incl. GST)
Upskilling Event for Business LeadersMunro's, where client service matters
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Christine Prasetia is extremely efficient, always on hand with advice and is a pleasure to work with.
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Happy 50 years !!! I joined Munro’s in 1974 just close to when the accounting firm had started, Don Munro was my accountant at the time and helped greatly in all my various problems and successes and he still remained a very dear friend to me; now Simon Strawbridge is looking after me and I can only praise all the work that he has been doing for me not only in accounting, but also in advising my various legal problems and investments.
I can only say well done to the whole team and hope that I will still be their client in the coming years.
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Rama and the team at Munro’s provided prompt and thorough crypto tax advice. They are very professional and I highly recommend their services.
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Munro’s are an outstanding outfit mastering in complicated tax situations and are highly focussed on providing a client centred approach. I presented Saul with a complicated case of overdue tax’s and substantial crypto and share trading activity. To say that he handled this situation with aplomb is an understatement. He resolved my situation promptly and what seemed to be with ease. Sure it is great to have your taxes done by consummate professionals but for me this is not their best feature. It is the customer service that I received that was outstanding and exceeded my expectations. He was extremely patient and dealt with my constant questioning with a great attitude. Always polite and willing to offer his professional advice I sincerely felt like a had an ally in my corner. Saul was a pleasure to work with and I look forward to next years Tax Time.
Mark.
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Congratulations to Munro’s for achieving 50 years of service to WA, with a special thanks to Mike and his team for looking after us through our business, personnel and financial journey.
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Munro’s have been our accountants, both for business and personal, for 50 years. During that time we have been really happy with the work done for us. The personel have always been professional, welcoming and efficient form the person at the front desk who greets you, to the people who handle your work.
Congratulations and best wishes for the future.
PS It does help that Simon supports the right footy team but he is not as good at tipping as he is at accounting!
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Congratulations Munro’s on 50 years. I think my father must have been one of Donald’s and Barry’s earliest clients. Their names were ever present around the breakfast table when I was hopping on a school bus. I reflected with Christine a few months ago that the most important people in life were my family, my accountants, my GP and and Gough Whitlam. In no particluar order. (Why Gough Whitlam? He gave me a free university education and stopped the Vietnam ballot a year before it was my turn. And I have never voted labor). Thanks to Ian, Melissa, Christine, Noeline and Rama. Ever professional.
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Munros was really helpful in listening to my situation and taking their time in pointing me to the right direction for my complex tax matters. I high recommend their services!
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We first met Mike Beer 25 years ago, when he was assigned to our account by his employer at the time. When Mike moved to Munro’s, we decided to transfer our business to follow him as we were so impressed with both his professionalism and his character.
We have never regretted our decision to keep our business with Munro’s and Mike, who we think of as a good friend first and a total professional second for the excellent service he and his company have provided.
Congratulations Munro’s on your anniversary!
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Wonderful support and response from the team at Munros. We have been with them for many years covering both business and personal matters. It is a credit to both past and present staff.
Thank you
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Very knowledgeable experts on complicated crypto tax matters. I would highly recommend every trader/investor to bite the bullet and seek professional advice from Munro’s.
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Business Accounting
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Accounting for Investors (Property, Shares, SMSF, Crypto)
Tell us about your problem and we’ll respond within 1 business day.
- Call Us 1800 818 924
- Email Us enquiries@munros.com.au
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308 Fitzgerald Street
Perth WA 6000