As family business advisors there are a number of questions frequently asked. To assist you in understanding the work we do, I will be publishing a series of frequently asked questions.
I want to retire but all my money is in the business. What are my options?
There are tax-effective structures that can be put in place to ensure your business continues to prosper while ensuring you have the funds available to enjoy your retirement. If you have a business premise in your business, there are strategies to transfer the property to your superannuation fund. We can examine your situation and the funds required for your retirement and tailor a strategy to suit you. Although the budget announced proposed changes to Superannuation, this strategy is still valid and requires more expert advice than ever before.
If you would like to learn more or you have a question you would like answered, please do not hesitate to contact me on ktaylormartin@gmail.com