Few people like thinking about what happens after they die but it’s an important financial topic. If you want to distribute your assets in line with your wishes, then you need to plan for it.
That means preparing a will and other documents. Your will is the cornerstone of estate and succession planning because it outlines your wishes and how your children or other dependents are to be cared for.
Wills are limited however – they don’t cover superannuation benefits for example. That’s why you should have a full Estate and Succession Plan drawn up.
We can help you set up a robust, tax effective Estate and Succession Plan. You may also be able to use Testamentary Trusts to save your beneficiaries substantial capital gains tax, stamp duty and/or income tax.
Contact us today to discuss your Estate Planning requirements.
Phone: 1300 427 526
Address: 15 Melway Crescent
HARRISTOWN QLD 4350,
If you buy an asset by 30 June and it costs less than $20,000, you can write off the business portion in your 2018 tax return.
Are you running behind on employee superannuation payments?
If so, you’re in luck.
Kelly O’Dwyer, Minister for Revenue and Financial Services, has just announced a Superannuation Guarantee Amnesty.
You have 12 months to get your unpaid super in order.