Let’s face it, death is not
something most people want to think about let alone plan for. But you’ve worked
hard to accumulate your wealth, so it makes sense to take the time to carefully
consider how your assets can be passed to your loved ones in the most effective
Estate Planning is more than just a Will, in reality for most people their largest assets aren’t necessarily dealt with via their Will, such as superannuation. So it’s essential to get advice and consider all your options to ensure the right assets pass to the right people, at the right time in the most tax effective way.
A comprehensive estate plan should:
Our advisors work closely with your solicitor and other professionals to help you navigate the complexities of planning the distribution of your estate to ensure all aspect of taxation, financial and legal matters have been considered and dealt with appropriately to give you peace of mind and your beneficiaries the best outcome.
Connect Financial Planning Services is a Corporate Authorised Representative (No. 1263442) of Capstone Financial Planning Pty Ltd. ABN 24 093 733 969. Australian Financial Services Licence No. 223135
You might not be thinking about it yet, but at some stage you will decide to leave your business. You may decide its time to sell, or hand over to the next generation, you may retire or do something else. Whatever the reason, it is essential to plan early how you will exit your business, to ensure a smooth transition to the next stage of your life. Early planning ahead of time means you will have a plan in place to maximise the value of your business and can be useful if there is an unexpected event, such as illness or death.
A comprehensive succession plan should consider:
Our advisors work closely with your solicitor and other professionals to help you explore your options and develop a plan that is realistic, achievable and tailored to suit you and your business. A carefully thought out business succession plan means you’ll maximise the return on your hard work over the years and leave on the best possible terms.