Peter Datton was in hot water this week when a number of outlets exposed his 26 property transactions over 35 years. The profit alone makes him one of the wealthiest contenders for the PM job.
Property-driven wealth accumulation is becoming common in Australia, but the impact of estate planning is sometimes overlooked by advisers and clients.
🏡 How are your clients' investment properties structured in their estate plan?
Real estate assets require careful consideration to ensure smooth
management and distribution. Key factors include:
✅ Ownership structures – Sole ownership? Joint tenancy? Trusts? Each has different estate implications.
✅ Tax implications – Capital gains, rental income, and inheritance tax all need to be factored in.
✅ Beneficiary clarity – Clear communication with family members can prevent disputes later.
✅ Trusts & legal strategies – Preserving property value for future generations requires a structured approach.
💡 Action Steps:
🔹 Review ownership and estate implications
🔹 Clarify intentions with beneficiaries
🔹 Explore trusts or life estates
🔹 Consult legal experts such as estate planning lawyers
🔹 Regularly update estate documents
Estate planning isn't just about wealth—it's about preserving financial security for loved ones. If your clients own multiple properties, now is the time to start the conversation.
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