Wealthpartners Financial Solutions
Investment Plans in North Sydney

As specialists, we are committed to providing personalized service and professional advice. Our clients have access to dynamic quality advice delivered with integrity and their needs are paramount. WealthPartners’ triumph is based upon professional excellence, integrity and an in depth understanding of each of our client’s unique financial needs. We believe in the importance of keeping you informed and motivated to reach your lengthy term goals. All WealthPartners clients have access to steady reviews, financial communications, industry information as well as invitations to pertinent events and seminars and much more.

He took concern of the whole property buying process and made it all really easy. Also included in this edition is an article regarding the importance of proactive planning for Aged Care and. Should I invest in a number of diverse Allocated Pensions to manage risk? A: For many clients, the decision to commence a SMSF can be quiet. Possible capital gains tax impact on the sale of an investment property within Super. What options can we consider and how much time do we have to make a decision? For all superannuation funds, the Trustees should consult the deed earlier making any decisions. If you are active with a team of professionals (such as an accountant, auditor, solicitor and financial adviser), they should identify if your deed allows you to commence pensions, borrow funds or make positive investments earlier it occurs. Putting the self’ into self managed super. Before making any decision, I would recommend you shop around as there is a range of Private Health Insurance providers available in the market who may present you lower cost cover. This cap includes all NonConcessional contributions made by you or your wife to her fund in the financial year. Growth prosperity are investments such as shares and property. Trustees should also consider updating the Believe Deed of the fund to ensure compliance with the new changes when undertaking their planning. The segregated asset method allows prosperity owned by a SMSF to be assigned to a specific pension account with nil tax applying to any income from the wealth or capital gain generated on the sale of the asset(s). Let’s be clear, the loss of the segregated asset method for pension accounts is a taxation issue. Trustees will need to receive this into consideration when seeking advice in the coming and ensure the administration system supporting the fund can remain to cater for this. A SMSF can donate you immense flexibility and control in managing your Superannuation. For many people, the decision to open a SMSF is made without receiving ample advice or understanding what is involved. This could be a solution but accessing the services of a professional trustee company will come at an surplus cost to the fund. It is therefore crucial that you obtain financial advice to consider whether establishing a SMSF is the correct decision for you. Your role as trustee Your role as trustee of the fund is more involved than simply operating your business. Purchasing one asset within the fund does not bear adequate diversification across different asset classes and needs to be reflected in the fund’s investment strategy. Coupling the family business to your SMSF requires diligent consideration about what might happen in the tomorrow to avoid the premises being sold upon the death of a member in the SMSF. Providing the business with continuity is important.