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Articles by John Rowe

Trusts, Tax, and Asset Planning

AUTHOR: John Rowe

POSTED: 31 October 2022

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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.

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Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.

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