Asset Protection, Wills And Estate Planning
Tax Effective Asset Protection, Wills & Estate Planning
As Benjamin Franklin once said, nothing is certain in life except death and taxes.
That’s why you need to plan for these two certainties in the most tax effective way.
At it’s most basic level, effective asset protection separates ownership of assets from risk – the most common risk being claims arising from personal or business creditors, negligence actions, or disaffected family members.
Effective asset protection ties in with your estate planning. And the most tax effective form of estate plan is to have a testamentary trust set up in your will.
This trust, which starts once you die, protects your assets and allows your children to receive tax-free income of about $20,000 p.a. Without a testamentary trust in your will, that income would be taxable.
Protect your family or business wealth and your children’s inheritance – talk to us today about how we can protect your assets now and in the future in the most tax effective way.
For expert advice and assistance in dealing with your asset protection, wills and estate planning, please contact our tax lawyers in Brisbane on 07 3188 5627 or Sydney and Melbourne on 1800 685 829.
Disclaimer: The information on this page is not legal advice, is for general information purposes only, and is not specific to any person or situation. There are many factors that may affect your circumstances. You should seek professional advice from a suitably qualified and licensed advisor before making any decisions.
Frequently Asked Questions
You’re not the first person to wonder about these things. Most of our clients come to
us with similar worries.
What does a tax lawyer do that an accountant can’t?
Accountants focus on compliance and tax returns. A tax lawyer represents you legally — in audits, disputes, and litigation — and protects your rights when things go wrong.
When should I call Mathews Tax Lawyers?
As soon as you receive notice of an audit, penalty, or investigation. The earlier we act for you, the more options you may have.
Can you help if the ATO is already taking action?
Yes. Even if the review or audit process has started, we can still represent you and work towards the best outcome.
Do you work outside Brisbane?
Yes. We act for clients anywhere in Australia, with our headquarters in Brisbane and virtual offices in Sydney and Melbourne.
How do your fees work?
Costs depend on the complexity of your matter. We provide clear, upfront estimates before starting work, so you know what to expect. Where possible and depending on the scope of work, we provide fixed fees.