It would be fair to say that everyone wants to pay as little tax as they are legally required to, and everyone wants to protect the assets they have worked so hard to attain (e.g. family home, savings). So how do you do this? Should you set up a company? A trust? Both? Neither?
The answer is asset planning, and done right, it ensures both tax and asset protection objectives are met in the best way possible. A good asset plan also considers estate planning (who will get your assets when you die?).
A holistic approach is vital in achieving the optimal outcome – and that’s the tricky part. It’s complex process that requires expert knowledge to implement.
In this video, Matthew Gilligan and Anthony Lipscombe explain what asset planning is, and how to ensure your affairs are set up correctly to obtain the best result for your personal circumstances.
Hello Matthew, I am just wishing you the best of success with your excellent book Property 101. It is very rare that I come across a book on real estate that is in the league of other financial securties writer's. Thank you for taking the time and more importantly writing about real estate in a easy to read manner. I am still learning after 30 years in real estate. I am also a true contrarian like yourself and have learned this art from my favourite contrarian, Jim Rodgers (Former Quantum Fund). I have been preaching this to our Investor net work and corporate clients for some time, but most find it very hard to-do. Thanks again! Kind Regards, - Chris Kerr - The New Kids On The Block Pty Limited - October 2015
Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.
We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.
Learn More