Wealth and succession planning for Sydney family groups
SMA Business Advisory advises family groups across Kellyville and greater Sydney on preserving wealth and planning its succession across generations, from a tax and structuring perspective.
Wealth structured with the next generation in mind
This service is for families who want their overall wealth structured with the next generation in mind, not just this year’s tax return. It’s distinct from business succession and exit planning, which focuses on transitioning ownership of a business; this service takes a broader view of how a family group’s assets and entities are structured and taxed.
Wealth and succession planning usually touches multiple family members and entities. We advise on the tax and structuring position across the group, so decisions affecting one generation are made with the whole family’s position in mind.
How wealth is preserved
and passed on over time
We review your family’s wealth position and advise on how it’s preserved and passed on over time.
- Wealth position review
- Intergenerational wealth transfer advice
- Coordination across the family group
- Ongoing review as circumstances change
Advice across the whole family group
Manraj brings more than 15 years’ experience across Big Four, mid-tier and boutique firms to this advice, working directly with your family throughout. This service does not extend to self-managed super funds, which sit outside our current scope, though we’re glad to discuss how your broader wealth position interacts with your existing superannuation arrangements.
Any family group with meaningful assets or business interests they want to see managed well across generations can benefit from this kind of planning, not only very wealthy families. It often works alongside our Trust & Estate Planning service, since the two cover related but distinct ground.
- Direct access to a CPA-qualified, registered tax agent for family wealth planning
- Advice that considers the next generation, not just the current one
- Coordination across multiple family members and entities
- Ongoing review as wealth and family circumstances 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.
How is this different from Succession & Exit Planning?
Succession & Exit Planning is about transitioning ownership of a business, whether through sale or handover. Wealth & Succession is broader, covering a family group’s overall wealth and how it’s preserved and passed on across generations.
Do I need to be selling a business to use this service?
No. This service is for family groups managing wealth generally, whether or not a business sale is involved.
Does this cover superannuation planning?
This service does not extend to self-managed super funds, which sit outside our current scope. We’re glad to discuss how your broader wealth position interacts with your existing superannuation arrangements.
Can you help plan how wealth is passed to my children or grandchildren?
Yes, intergenerational transfer is a core part of this service, including the tax and structuring considerations involved.
How does this relate to trust and estate planning?
Trust and estate planning focuses on the tax and structuring side of wills, trusts and estates. Wealth & Succession takes a broader, ongoing view of the family’s overall wealth position, and the two services often work together.
Is this only relevant for very wealthy families?
No. Any family group with meaningful assets or business interests they want to see managed well across generations can benefit from this kind of planning.
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Read articleRequest a consultation
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