While it is possible to transfer properties and assets to a trust or a company, doing so with the intent to evade legitimate creditors or legal claims can have serious legal consequences. Transfers made with the intent to hinder, delay, or defraud creditors are typically considered fraudulent and can be challenged by creditors or the court. Australia, like many jurisdictions, has laws in place to prevent fraudulent asset transfers. It’s essential to consult with legal professionals to ensure any asset protection or restructuring measures are done within the bounds of the law and do not violate legal obligations to creditors or the court.
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The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.
Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.
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