Estate Planning

Estate planning is a very important yet often overlooked area. If done well it can result in your assets being passed on both in the way you intended and in a way which provides tax and asset protection effectiveness to your beneficiaries. If done poorly it can result in family disharmony or unintended tax consequences, especially where a business is involved.

Most people also have a poor understanding of estate planning. Did you know that assets held by a company or trust you control is not covered by your last will and testament? The same applies to your superannuation.

As your accountants, we at Roy & Carswell are in an ideal position to consider all of the assets that you own and control and put a tax effective plan together for your solicitor. We also consider succession planning for your business and any companies or trusts that you control. 

Please also refer to our section about Testamentary Trusts.