Succession Planning – Making an Early Start

As accountants, we like our clients to think ahead… even on a 3 to 10-year timeframe.

A major part of this is Succession Planning. 

Where Succession Planning is concerned, clarity brings opportunity… and the risks of “getting it wrong” can be significant.

Let’s start with a few definitions.

Estate planning:

This means ensuring one’s assets are distributed […]

CGT exemption on inherited homes

CGT explainer for Salisburys clients

Inheriting a home or a legal interest in one could be the largest windfall gain that many Australians ever experience.

There are provisions in the tax law that mean a taxpayer does not have to pay capital gains tax (CGT) when they sell a house, flat, unit or other dwelling […]