Estate Planning
Succession planning can give you the confidence to live well and within your means.
The relationship between personal wealth and succession planning is fundamentally intertwined with the responsibility of preserving and transferring assets across generations.
As a wise person once said, “At some stage we become custodians of our wealth for the next generation.” This profound insight underscores the nature of wealth ownership and the duty to manage it thoughtfully.
Effective succession planning ensures that accumulated wealth maintains its value and purpose beyond an individual’s lifetime. It encompasses not just the technical aspects of wealth transfer—such as tax efficiency and legal structures—but also the transmission of values, financial wisdom, and family legacy. Without careful succession planning, even substantial wealth can diminish rapidly across generations due to poor management, family disputes, or tax implications.
The most successful wealth transitions occur when individuals recognize early that their role evolves from wealth creator to wealth steward, implementing comprehensive succession strategies that align with both family values and long-term objectives.
Testimonials
Using a mortgage broker gives you access to multiple lenders and loan options without having to shop around yourself. We handle the paperwork, negotiate with lenders on your behalf, and find the best rates and terms for your situation. Best of all, our service typically comes at no cost to you.
A reverse mortgage lets homeowners aged 60+ borrow against their home’s value without making regular repayments. The loan and interest are repaid when you sell, move into aged care, or pass away. You keep ownership of your home and can stay there as long as you maintain it.
LVR (Loan to Value Ratio) is the amount you borrow compared to your property’s value, expressed as a percentage. Higher LVR means higher risk for lenders.
The First Home Loan Deposit Scheme (FHLDS) helps eligible first-home buyers purchase property with just a 5% deposit, with the government guaranteeing the remaining 15%.
