- Financial Planning
- Investment advice
- Personal Insurances
- Estate Planning and Self Managed Superannuation
- Finance
ESTATE PLANNING & SELF MANAGED SUPERANNUATION
The use of superannuation, particularly Self Managed Superannuation, family trusts, and insurances are vital for estate planning.
Superannuation is the only form of perpetual trust available in Australia. A Self Managed Superannuation Fund (SMSF) can act as a ‘tax effective’ vehicle for both family wealth protection and for inter-generational wealth transfer.
Family discretionary trusts and testamentary trusts are also popular methods of inter-generational wealth transfer and while these methods may not be as ‘tax effective’, they may offer firmer control of outcomes.
HNW Planning seeks to tie in your superannuation and other estate planning requirements with your insurances, business and personal life cycle, and your preference for a suitable balance between ‘tax effective’ outcomes and the need for control of outcomes.
Estate Planning
The use of superannuation, family trusts, and insurances are vital for estate planning. Co-ordination of financial planning advice with legal advice, use of testamentary trusts, and other ‘death event’ specific strategies is crucial to:
- Providing adequate contingency
- Meeting your objectives for division of assets
- Tax minimisation
- Asset protection
- The potential creation of a family ‘micro-dynasty’
Self Managed Superannuation
HNW Planning’s Principal has been accredited as an SMSF Specialist Adviser by the Self Managed.
Super Fund Professionals Association of Australia.
HNW Planning’s Self Managed Superannuation Fund Services include:
- New SMSF establishment
- Maintenance & updating of Trust Deeds
- Maintenance of Permanent File
- Maintenance of formal Investment Strategies
- Integration with Estate Planning
- Preparation of annual returns using specialised SMSF software
- Co-ordination of expert tax & audit services
- Transition to retirement & pension calculations
- Co-ordination of administration with HNW Planning's expert investment & financial planning services
- Co-ordination of administration with HNW Planning's pre-retirement & tax control strategies
