Trust and estate planning advice for Sydney families
SMA Business Advisory provides tax and structuring advice around trusts and estate planning for families and business owners across Kellyville and greater Sydney, helping you understand the tax and structural implications of how assets are held and eventually passed on.
The financial and tax side of your estate planning
This service is for clients who want the financial and tax side of their estate planning properly considered, working alongside their solicitor for the legal documents themselves. Wills and other legal documents are drafted by a solicitor; we advise on the tax and structuring implications that inform those documents.
Trust and estate planning sits at the intersection of tax, structuring and family circumstances, and it’s easy for the tax side to be overlooked if it’s treated as a purely legal exercise. This service exists to make sure that side gets proper attention.
Reviewed from a tax and
structuring perspective
We review your trust and estate arrangements from a tax and structuring perspective and coordinate with your solicitor on the legal side.
- Trust structure review
- Tax implications of estate planning decisions
- Coordination with your solicitor
- Ongoing review as circumstances change
Both sides of the plan, properly aligned
Manraj brings more than 15 years’ experience across Big Four, mid-tier and boutique firms to this advice, working directly with you and your solicitor to make sure the tax and legal sides of your plan are aligned. Trust and estate tax advice is relevant to any family with a trust, business interests or assets they want to plan around, not only very high net worth families.
We regularly review trusts that were set up elsewhere, as well as arrangements affected by a change in who controls them or a loss of capacity, working alongside your solicitor on any legal changes needed. In most cases, effective estate planning needs both a solicitor for the legal documents and an adviser for the tax and structural implications, which is where this service fits.
- Direct access to a CPA-qualified, registered tax agent for the tax side of estate planning
- Reviews of existing trusts regardless of who originally set them up
- Coordination with your solicitor so both sides of the plan are aligned
- Ongoing review as family circumstances and tax law change
Frequently asked questions
Answers to the questions we hear most often. If you can’t find what you’re looking for, get in touch and we’ll be happy to help.
Do you draft wills or other legal estate documents?
No. We provide tax and structuring advice around trusts and estates. Wills and other legal documents are drafted by a solicitor, and we’re glad to work alongside yours.
Do I need both a solicitor and an accountant for estate planning?
In most cases, yes. Your solicitor handles the legal documents, while we advise on the tax and structural implications so both sides of the plan work together properly.
What happens to a family trust when the person who controls it passes away or loses capacity?
This depends on the trust deed and current structure, which is exactly the kind of review we help with, working alongside your solicitor on any legal changes needed.
Can you review a trust that was set up somewhere else?
Yes. We regularly review existing trust structures, regardless of who set them up, and advise on whether they still suit your circumstances.
Is this service only for very high net worth families?
No. Trust and estate tax advice is relevant to any family with a trust, business interests or assets they want to plan around.
How often should a trust or estate plan be reviewed?
Whenever family circumstances or asset values change materially, or at minimum every few years, since tax law and personal circumstances both shift over time.
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Read articleRequest a consultation
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