Estate Planning
Updated: Oct 16
FUN FACT:
A superannuation fund balance is not included in your estate or inheritance by default.
Attended a CPA CPD session on Estate Planning — a topic that closely connects with my work in helping business owners plan their exit and transition into retirement.
Australia is facing a significant generational shift as baby boomers approach retirement, with billions of dollars’ worth of businesses expected to change hands.
For many business owners, a business represents decades of hard work, sacrifice and dedication. The question is not just how to build a successful business, but also how to exit well and secure the value of a lifetime’s work.
Whether it’s succession planning, selling a business or preparing for retirement, the right planning can make all the difference.
Your exit strategy deserves as much attention as your business strategy.
And what a memorable night it turned out to be! I even won the door prize, but my car broke down on the way home. 7 people came to help me move the car, tried to jump start… I said to my mechanic friend: why are there so many nice people? he replied proudly: “this is Australia, nice people are everywhere!”
