Strategically building and managing wealth is not a one size fits all strategy.
Our clients tend to have their fingers in a lot of pies; Personal investments, their business assets, their SMSF, related entities, trusts and distributions, and varying income sources. If you look at these assets and opportunities in isolation, you’re just not seeing the whole picture.
The variables that make our clients different should also represent the greatest opportunities for them to enhance their personal wealth.
Depending on your needs, each Hayes Knight office can provide you with a range of services to strategically grow, manage, and protect your wealth.
Financial planning
Each Hayes Knight office can provide you with access to qualified financial planners adept at working with clients in a no-nonsense way to deliver the best results possible.
And, by combining your financial planning advice with the other services provided by Hayes Knight, you can ensure that your financial future is in synchronicity with your taxation, business, and strategic objectives. It’s the advantage of working with a firm with a depth of skill across a breath of services.
Estate planning
Estate planning is more than deciding who gets what when you die
Like most of our clients, you’re probably working hard to build your assets to make sure that you and your family have nothing to worry about financially. All this hard work building your estate is more than an income stream; it’s an asset. Like any asset, your estate needs a strategy.
These days, it’s necessary to consider a wide range of issues including the impact of taxation, protection from creditors, government social security regulations, and family law. Also, amendments to bankruptcy legislation necessitate a fresh look at asset protection.
Hayes Knight advisers can work with you and your other professional advisors to ensure that plans are put in place to assist you with wealth creation, preservation and ultimate distribution to your desired beneficiaries.
Successful estate planning and asset protection is a result of attention to detail and a planned co-ordination effort of experts in taxation, accounting and superannuation
Risk & Assurance
Life challenged. Unplanned succession. Any way you put it, death is still a subject most of us would rather avoid
Current statistics tell us that before the age of 70, 68% of men and 47% of women will die or suffer from cancer, a heart attack, a stroke, undergo bypass surgery or suffer some other major sickness or disease. At some stage, nearly every business is likely to be affected by death or ill-health.
This issue, left to chance, increases the risk for the business and also for the business owners. What happens if something happens to the business owner, a partner, or key director?
Death, trauma or critical illness, all trigger an ‘unplanned succession’ event. Any one of these events can change the profile of the business and drastically affect its value. Even where the disruption to the business can be managed, how do you fund the unexpected need to buy out a partner or shareholder? And, how can this be managed in a tax effective way, providing certainty for all sides and removing the risk to the business?
Managing unplanned succession is not simply a matter of putting an insurance policy in place. Financial planning, self managed superannuation expertise, tax advice, and commercial aptitude are essential to achieve the best results.
Hayes Knight brings together all the necessary specialisations in a way that delivers the best result for you and your business.
