Estate and Succession Planning

Estate and succession planning is crucial to ensure that the right assets go to the right people at the right time. And for this to be completed efficiently and without paying more tax than required.

Most of all, estate and succession planning will give you the ‘peace of mind’ that your assets are taken care of when you can no longer care for them yourself.

How we help

We structure the right estate and succession plan and this is more than just setting up a will. A number of issues must be considered, such as:

What happens if?

  • I become disabled
  • I no longer have legal capacity to oversee my finances
  • My partner loses legal capacity
  • My business partner becomes disabled or deceased.

There are of course many other situations that need to be catered for including how to structure your assets and investments to minimise taxation and legal costs.

We will work with you and your legal representatives to structure your assets and investment portfolios to best suit your needs. This may well see the need to:

  • Review your will(s)
  • Implement Power and Enduring Power of Attorneys
  • Establish trusts
  • If you are in business, establish a ‘Buy – Sell’ agreement.

Self Managed Superannuation Funds

Not everyone is aware that Self Managed Superannuation Funds (SMSFs) can be of great assistance with estate planning.

There are significant tax advantages for using a SMSF and there are additional benefits of having your investments ‘held in trust’, through the SMSF trust deed. We’re SMSF specialists and we regularly use the benefits of a SMSF with our clients to assist with estate planning.

Access to Specialist Legal Advisers

We have been fortunate to work with highly qualified and experienced legal professionals who specialise in estate and succession planning needs. We can work with you and your existing legal adviser. If necessary we can introduce a specialist to assist with complex issues that often arise.

How to get started

We are here to help and we offer a complimentary and private consultation. After many years of service, we have developed a flexible approach for our clients so feel free to call or email our office.

Boston Private Wealth

Suite 46B, Masthead Way
Sanctuary Cove QLD 4212

Boston Private Wealth is a Corporate Authorised Representative of AdviceIQ Partners Pty Ltd. ABN 95 134 016 210 AFSL 332957