by Camden Professionals | Sep 4, 2024 | Asset Protection, Business, Small Business Tips, Smalll Business, Succession Planning, Superannuation, Tax Tips
Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved. What happens when there is a family company? For couples that have assets tied up in a company, the tax consequences of any...
by Camden Professionals | Jul 17, 2024 | SMSF, Succession Planning, Tax & Accounting
A range of concessions encourage small business owners to add the proceeds from selling their business to their retirement savings. If you are a small business owner preparing for retirement, here are some key considerations to make one final boost to your nest egg....
by Camden Professionals | Apr 18, 2024 | Capital Gains Tax (CGT), Small Business Tax Deductions, Smalll Business, Succession Planning
Small business capital gains tax concessions provide an opportunity for small business owners to reduce the amount of tax they owe on the sale of business assets. One of the key CGT concessions is the CGT exemption, which can be a significant tax-saving opportunity...
by Camden Professionals | Feb 29, 2024 | Financial Planning, Retirement, Succession Planning
As you approach the milestone of retirement, the question of financial security becomes increasingly paramount. With careful retirement planning and strategic decision-making, you can position yourself to retire richer and enjoy your golden years. What does it mean to...
by Camden Professionals | Jan 24, 2024 | Family Trusts, Financial Planning, Succession Planning
A testamentary trust is a trust created by a Will. It is generally a discretionary trust – one where the Trustee has full discretion about who benefits, and to what extent, under the trust. Why would I use a Testamentary Trust? Testamentary trusts can make sure the...
by Camden Professionals | Jan 24, 2024 | Family Trusts, Financial Planning, Succession Planning
Time is everything when it comes to estate planning. Regardless of whether procrastination is your default mode, it’s essential to set aside any delaying tendencies and attend to your affairs promptly. By establishing a robust estate plan, you can lead a...
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