Grant Abbott

The most effective way for Advisers to retain assets under advice intergenerationally is for Advisers to recommend clients gift via a flexible reversionary interest trust, with an integrated loan facility, so money can be loaned or appointed to Beneficiaries pre or post-demise of the Settlor.   Drawing on our own experience, c. 50% of WAY Inheritor Trusts remain in existence (and invested) post-demise of the Settlor. People are living longer, so the next generation are inheriting at ages when they’ve often already built a sizeable estate themselves, so they often don’t ‘need’ the money, hence it remains invested. If they ever need it (such as if they get divorced or require care in later life), the Trustees can loan money to them, otherwise it often remains invested until the next generation start to buy houses and require some financial assistance to do so. Our first thought is for Trustees to consider loaning money to Beneficiaries, so the loan becomes a debt of the recipient not an asset, thus in the event they were to divorce, be declared bankrupt, require care or have their own IHT liabilities, the loan reduces the value of their assets and protects their ‘family wealth’. With a potential perpetuity period of 125 years, a flexible reversionary trust, with an integrated loan facility can protect family wealth for multiple generations, whilst also helping Advisers to retain assets under advice intergenerationally too by advising multiple generations of the same family.' If you would like to learn more about #WAYTrusteesLimited flexible reversionary trust funds get in touch today! Email: [email protected] Telephone: 01202 890895 Direct to BDM: John Humphreys (North) Mark Wintle (South) #IHT #IntergenerationalWealth #TaxPlanning #PersonalFinance #FamilyWealthPreservation #TheGreatWealthTransfer #WAYTrusteesLimited

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The most effective way for Advisers to retain assets under advice intergenerationally is for Advisers to recommend clients gift via a flexible reversionary interest trust, with an integrated loan facility, so money can be loaned or appointed to Beneficiaries pre or post-demise of the Settlor. Drawing on our own experience, c. 50% of WAY Inheritor Trusts remain in existence (and invested) post-demise of the Settlor. People are living longer, so the next generation are inheriting at ages when they’ve often already built a sizeable estate themselves, so they often don’t ‘need’ the money, hence it remains invested. If they ever need it (such as if they get divorced or require care in later life), the Trustees can loan money to them, otherwise it often remains invested until the next generation start to buy houses and require some financial assistance to do so. Our first thought is for Trustees to consider loaning money to Beneficiaries, so the loan becomes a debt of the recipient not an asset, thus in the event they were to divorce, be declared bankrupt, require care or have their own IHT liabilities, the loan reduces the value of their assets and protects their ‘family wealth’. With a potential perpetuity period of 125 years, a flexible reversionary trust, with an integrated loan facility can protect family wealth for multiple generations, whilst also helping Advisers to retain assets under advice intergenerationally too by advising multiple generations of the same family.' If you would like to learn more about #WAYTrusteesLimited flexible reversionary trust funds get in touch today! Email: [email protected] Telephone: 01202 890895 Direct to BDM: John Humphreys (North) Mark Wintle (South) #IHT #IntergenerationalWealth #TaxPlanning #PersonalFinance #FamilyWealthPreservation #TheGreatWealthTransfer #WAYTrusteesLimited

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One of the many responsibilities SMSF trustees have every income year is valuing their fund's assets at market value. For some asset types, valuations must be undertaken by a qualified independent valuer. Learn more --> https://lnkd.in/gCMbtd5X #SMSFs #SMSFTrustee #TaxTips

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The ACCC recommends it, Upworth does it - Part 3 Contrary to comparison websites, Upworth is fully independent (0 fee/0 savings account commercial arrangement) ● Nobody pays us to tell you which savings account to look at or how to look at it. We serve you; ● Yet, as per the ACCC ́s findings, comparison websites can be paid an average of around $10 per click. The ACCC notes that “products that are ‘sponsored’ are generally paying a higher cost per click amount in return for ‘top’ positioning in search results. In some cases, banks may pay a much more significant charge when a customer does follow through from a comparison website, to open an account; this charge can range from approximately $150–400 per acquisition depending on comparison website and bank.” The ball is in your court - see you in Upworth! #ACCC #SavingsAccountsComparison #Upworth

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Article of the Week: Investment Entity Nuances Investments in structures such as unit trusts add an additional layer of complexity and should be approached with caution. https://ow.ly/3ALo50Tg3hN From: Knowledge Shop technical superannuation adviser Jason Hurst #SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine

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In preparation for this new measure, we are conducting an in-depth workshop for accountants and advisers to help understand how Div 296 operates, who it affects, and what actions to consider for those clients prior to its commencement. https://lnkd.in/gHXa_9Vc

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In preparation for this new measure, we are conducting an in-depth workshop for accountants and advisers to help understand how Div 296 operates, who it affects, and what actions to consider for those clients prior to its commencement. https://lnkd.in/gHXa_9Vc

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In preparation for this new measure, we are conducting an in-depth workshop for accountants and advisers to help understand how Div 296 operates, who it affects, and what actions to consider for those clients prior to its commencement. https://lnkd.in/gHXa_9Vc

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Not sure what to expect when you book a first appointment with a financial adviser? Here are some tips on how to prepare yourself so you can get the most out of your experience. https://lnkd.in/gdK6xFnK #financialplanning #finance #advice #clarity

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ClearView Wealth Limited ClearView Wealth's first-quarter challenges are noteworthy, with a reported claims loss, yet the company maintains a strong embedded value and strategic outlook. Read More https://lnkd.in/ga3XBFgV #ClearViewWealth, #FinancialPerformance, #ClaimsExperience, #Profitability, #InsuranceSector

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Advisers must zero in on younger clientele now to help deliver significant and sustainable growth for their firms, new research reveals https://lnkd.in/gUya2SRe #advice #demographics #dimensional #investors #older #research #younger

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5 Reasons to Restructure your investment portfolio: ✅ Protection of wealth ✅ Property Ownership Restructure ✅ Shareholding Restructure ✅ Property Credit Exposure Restructure ✅ Tax management strategies 👓Full article available here - https://lnkd.in/dm3yAufS 💬 Book a consultation with our wealth coach to determine your investor status here - https://lnkd.in/dvMHSPh6

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There are cost benefits for the AMP financial advice business if it actually sits outside of AMP according advice boss, Matt Lawler. https://lnkd.in/gyrPDgC5 #advicewealthandsuperrewired #amp #aznga #financialplanning #investment

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