Wills and Estate PlanningWills and Estate Planning
The core philosophy of SUMMIT Accountants & Business Advisors as it relates to Estate Planning is firstly one of individual attention and secondly attention to the preservation of your assets upon the implementation of the plan.
Estate planning is all about ensuring the right amount of money is passed onto the right people, at the right time, and that your assets are protected and tax is minimised.
Preservation of assets refers to retaining the value of your assets when they are transferred to the beneficiaries in your will. Assets need to be protected from actual and potential creditors and be distributed in a tax effective way by reducing and/or deferring capital gains tax and stamp duty.
We work with your Financial advisor and Lawyer to ensure that all aspects of your estate planning process are considered.
