Succession, Asset Protection and Estate Planning Advice
As part of our commitment to providing comprehensive financial services, Concepts & Results is proud to offer Succession, Asset Protection, and Estate Planning Advice through our fully accredited and compliant team. We are dedicated to supporting our clients with expert guidance in these essential areas. We invite you to watch an instructional video that outlines the advice and services we offer in this space.
Succession
Have you considered what would happen to your financial structures—such as trusts, companies, or your Self-Managed Super Fund (SMSF)—if you were incapacitated, involved in litigation, or passed away? As a director, shareholder, or trustee, it’s crucial to have a clear plan in place. A well-defined line of succession ensures that the next in line can seamlessly take control and manage these structures, safeguarding your family’s wealth and ensuring its continued growth.
Asset Protection
Asset protection is about strategically safeguarding the equity in your name, as well as that of your spouse and children, by placing it into a special purpose trust. With no stamp duties or capital gains tax implications, this strategy is vital for shielding your wealth from potential future litigation, especially in these unpredictable times. Contact us to learn more about our specialized Protector Trust.
Estate Planning
More than half of the Australian adult population doesn’t have a Will, and many who do have Wills that are outdated and no longer reflect their current circumstances. Estate planning goes beyond simply drafting a Will; it involves establishing Enduring Power of Attorney(s) to ensure your wishes are respected if you become incapacitated, develop dementia, or are unable to make decisions for yourself. It also encompasses the strategic use of testamentary trusts, particularly for younger or dependent children, ensuring your estate is managed effectively.
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