Your Legacy. Exactly How You Intended.
Ensuring the right money goes to the right people at the right time.
If you passed away tomorrow, would your assets be tied up in probate for years?
Are your Superannuation death nominations valid and "tax-aware"?
Have you protected your beneficiaries from potential relationship breakdowns or creditors?
FAQs
Q: Is a Will enough for Estate Planning?
A: A Will is only one piece of the puzzle. Professional estate planning looks at "non-estate" assets (such as Superannuation and Family Trusts) and the complex tax implications for your heirs. We ensure your total wealth is transferred according to your wishes, not just the assets held in your individual name.
Q: Could my children be taxed on my Superannuation when I pass away?
A: Yes. In Australia, adult children (who are not financial dependents) often face a "death benefit tax" of up to 17% on the taxable component of your Super. We provide specific strategies to help reduce or eliminate this tax burden, ensuring more of your hard-earned wealth stays with your loved ones rather than the ATO.
Q: How can I protect my children's inheritance from potential divorce or creditors?
A: Utilising "Testamentary Trusts" within your estate plan can provide your beneficiaries with significant asset protection and tax-effective income streaming. This structure ensures your legacy stays within the family and is protected from external risks like business creditors or relationship breakdowns. We’re here to assist in understanding your situation and needs, and developing a strategy (alongside your solicitor) to get the right outcome for your needs.