Wealth management preparation of the next generation ensures that their preparedness to appropriately manage what they inherit. You worked hard to accumulate it; they will ultimately control the fruits of your labour.
The intergenerational wealth transfer by the middle of this century will be some trillions of dollars – yes, even in Australia! Your assets will form part of this transfer (either coming to you or passing from you).
What assets might you bequest?
What will be the value of your-
- home,
- furniture and other personal assets,
- superannuation account and insurance policies, and
- personal investments and Bank accounts?
Is your family responsibly able to manage the wealth that you have –
- worked hard to accumulate;
- taken care to protect;
- have set up into an appropriate Estate Plan?
Wealth Management strategies are our specialty
Continuum Financial Planners Pty Ltd offers to work with clients to ensure that the wealth management preparation of their next generation will help them to understand the portfolio you have accumulated: clients who have taken up this offer agree that the experience is beneficial, both to themselves and to their intended beneficiaries. We welcome the opportunity to work with you and your family – older or younger – to ensure that the family optimises the benefits provided through your diligence.
Our team often work with clients and their parents, recommending appropriate Estate Planning to ensure that –
- carefully designed strategies bring to account anticipated inheritance. This ensures no untimely, unplanned inheritance, undoes your good work, and
- such inheritances are beneficially managed.
We also advise strategies that optimise Aged Care access.
With the younger generations, we develop the education process and encourage understanding of money: its use; its accumulation; its investment; and wealth protection. We accomplish these strategies through a constructive process. The process works over several meetings, usually well-spaced, to develop –
- a full suite of information that improves the financial literacy of your beneficiaries, and
- imbues in them an understanding of money (and money’s worth).
We strongly urge you to take steps to ensure that –
- the wealth management preparation of your family is as complete as can be; and
- they are as aware as they can be of what they need to do to capitalise on what you have prepared for them.
Our team of experienced financial advisers can work with you to achieve these goals. To make an appointment –
- phone our office on 07-34213456, or
- at your convenience, use our linked Book A Meeting facility.
(This article was originally posted by us in August 2010. It has occasionally been updated/ refreshed, most recently in February 2025.)
