Estate & Succession Planning


Succession planning provides security for your family and gives you peace of mind.

A well-structured succession plan can give you peace of mind that your loved ones will be provided for as you intended. You can plan and put arrangements in place to help secure their future.

As part of estate planning we need to carefully manage taxation issues, asset protection, and help you derive a logical plan so you are fully aware of the issues to make an informed decision as to the path forward for transferring wealth to the next generation.

We can assess your personal circumstances and assist you to formulate an appropriate & effective succession plan and work cooperatively with your other professional advisors such as your solicitors to ensure your succession plan is integrated and covers all bases.

With a strategic and logical plan in place you can ensure that your dependents are looked after through whatever should arise over their lifetime.

As part of the estate planning process we will discuss your tax minimisation on transfer of assets, income splitting to minors through the use of testamentary trusts to lower the overall tax liability, assets protection and superannuation complexities to evolve a simple yet logical plan to provide you with peace of mind that your hard work is protected and will be transferred to the right person in a tax effective manner.

Sofra Partners will help you assess:

A death benefit is payable
If you can direct the payment of your super benefits to your chosen beneficiaries
The possible tax consequences of a super death benefit payout.
Whether your superannuation can be structured to provide an on-going pension income for the benefit of your dependent.