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.
It is my pleasure to write a testimonial with regards to the nomination of the professional trustee team at Gilligan Rowe and Associates, as a finalist for New Zealand Corporate Trustee of the year. They have acted as a professional trustee for my trust for many year now. I have been thoroughly impressed by their level of knowledge, professionalism, honesty and integrity in all my dealings with them. In addition, through their regular client seminars that I have attended, I have been very impress by the thoughtful critiques of cases and changes in the direction of trust law, and their possible impact on me. I can recommend them without hesitation. Sincerely - BV
Investing in residential property?
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.