Whilst it makes sense to have your will and estate planning in order the effectiveness of the best laid plans can be reduced if you do not give proper consideration to other commercial matters such as asset protection.
If you do not take the time to consider your asset structures including your business ownership structures you may be missing opportunities to minimise tax, protect your assets and plan to hand control on to your intended beneficiaries when the time is right.
As superannuation has become one of our most significant assets it is also important that you understand the superannuation environment, the applicable rules and the effect of your death on your superannuation benefits.
We can also assist you to develop and implement business succession strategies to provide for departure from your business for reasons of retirement and also for reasons of incapacity, death or disablement.
We often work closely with your financial adviser or accountant to assist with your succession strategies.
Our services include;
Tim Donlan is a member of Society of Trusts and Estate Practitioners:
