Estate planning is a speciailised discipline which few Lawyers in Sydney practice. It involves a diverse range of complex legal fields, including taxation law, commercial law, estates and trusts.
Estate planning is focused on the following key principles:
- Effective intergenerational transfer
- Asset protection
- Permissible reduction of tax liability on the transfer of assets
In certain circumstances, and when dealing with complex interests, a will may not be an adequate vehicle for the effective transfer of assets to the next generation. Estate planning is often sought by entrepreneurs and business owners with dense assets that may be difficult to deal with through a simple will.
Estate planning can involve restructuring one’s assets, business and interests in such a manner as to ensure that they are easily transferable whilst legally reducing tax liability. Powers of attorney and enduring guardianships may also be relevant in estate planning.
Our Solicitors are leaders in the field, with an unparalleled prestige for pursuing and providing quality estate planning legal solutions with a combination of vigour, technical competence and skill.
Furthermore, our Estate Planning Lawyers work in cohort with Chartered Accountants, Tax and SMSF Lawyers and Financial Advisors. With a multi-disciplinary team offering a total service, Navado provides its clients with a unique chance to take advantage of expertise and skill across an array of professional areas. For more information, explore our website or contact our office on (02) 9233 4048.
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