From a legal perspective, succession planning is not just about preparing Wills and powers of attorney. It involves taking an integrated approach to the passing of control and ownership of:
- Your personal assets
- Assets which you hold in other entities (for example, assets which you hold in a family trust or a unit trust)
- Your businesses
- Your superannuation
In conjunction with your accountants, financial advisers and other business advisers, we will help you develop a strategic estate plan that best reflects your circumstances and wishes.
We can help you with:
- the use of trusts inside a Will (testamentary trusts) for asset protection and Family Law protection;
- estate planning for family groups;
- asset protection for prospective inheritances;
- keeping the family business in the family;
- succession planning for family trusts – control of the trustee, inheriting the position of “appointor” and directions in relation to how a trust should be operated; and
- binding death benefit nominations and superannuation.
To help with your budget, we have a range of fixed fee structures for your succession planning.
