Preserving your families wealth.
- Estate Planning
- Business Succession
- Wills
- Power of Attorney
- Litigation
- Trusts
(There is an art to it!) - Tony Kelly
Estate Planning Brighton
When it comes to estate and succession planning – nothing beats continuity. Whether you are a high-wealth-individual looking to transition into an early retirement, have a change in life goals, want to take your business in a different direction, or want to make some future provisions for your extended family, there are many options that need to be considered. Effective succession planning ensures that your future remains secure!
What is a succession plan?
Having serviced the Brighton area and its neighbouring suburbs for almost 50 years, the team at Tony Kelly Lawyer & Estate Planners are often asked this question. Essentially, a succession plan is a carefully considered future strategy that ensures the benefit and control of your assets passes to the right people at the right time. Succession plans can also go one step further, putting controls and restrictions in place to ensure that when control of assets changes the assets continue to be managed in a way that is both beneficial and constructive in terms of the long term goal.
What do you focus on – Seamless company transition?
Many of our clients approach us to prepare a simple will, without having considered the long-term implications of their decisions, and whilst a will is certainly a key component of a succession plan, it is not the only plan. With many of our clients’ business owners it is imperative that when it comes time for you to enjoy margaritas on a yacht in your retirement, your company can continue as normal, with the right people driving it towards its future success.
Solid succession plans focus on asset and wealth management strategies that are tailored to your personal or business structures, ensuring a seamless transition into the future.
Blended families
Another factor that is often overlooked as part of succession planning is blended families. In Australia blended families are increasingly more common. A blended family is a family in which one or both partners have children from a previous relationship. You and your partner may also have children together, so that your children have half- and/or step siblings. Irrespective of the age of your family, it is crucial to take these relationships into account when drafting a Will and devising a succession plan. Leaving someone out could have dire consequences for your entire family. Bespoke strategies are absolutely critical when it comes to blended families, with planning for this type of family dynamic something that we have extensive experience in.
How can the team at Tony Kelly Lawyers help?
With almost 50 years of combined experience servicing the estate planning needs of clients in the Brighton region, our friendly, passionate, and knowledgeable Wills and Estate lawyers are more than happy to sit down with you and discuss your estate planning needs. With a no-obligation free discussion on offer and countless satisfied clients across the greater Melbourne region, Tony Kelly and his team can tailor an estate plan that will ensure your families well is both preserved and will continue to growth well into the future. Give us a call today!
Tony’s approach to practice has been to develop sound solutions for clients based on a strong sense of mutual trust.
Since establishing his first firm in 1973, Tony has built vast knowledge and experience to ensure his advice is “outcome orientated”. This results in new and ongoing referrals both from clients and their trusted advisors – indeed Tony has maintained ongoing client relationships over several decades, many of which are now inter-generational.
Stalbridge Chambers -Level 1, Suites 1 & 2/443
Little Collins Street, Melbourne, Victoria