• ESTATE PLANNING WAR STORIES from the ACCOUNTING WORLD

  • ESTATE PLANNING WAR STORIES from the ACCOUNTING WORLD

     

    I wanted to keep a note of some of the more interesting  stories I come across working with  SME clients ofBrisbaneaccountancy firms. Hence the idea for this series.

     

    This client is typical of what I am finding when having a conversation about estate planning.

     

    Clients are a husband and wife , in their 70 ‘s running a successful building related business with a significant asset base ( well over $ 3 m ) .They have a  child with needs and another that works in the business with them. 

     

    They have NO will or EPA . When I indicated their accounting firm was now able to assist co ordinate their EP they were very grateful as they had been wanting to do something about getting a will , but were unsure where to go.

     

    This is another great example of the trusted advisor position held by accountants and being able to fulfil an essential need that if left unresolved , could spell disaster .