Succession planning

Towards informed succession planning

Most people want to ensure that the benefits accrued during their lifetime are passed on to those of their choosing. This so-called ‘succession planning’ (sometimes called ‘estate planning’) is about more than just making a Will – a good succession plan seeks to:

  • Ensure ownership and control of your assets passes to your intended beneficiaries in the right proportions
  • Minimise tax payable on the income and capital gains earned on these assets
  • Protect assets if a beneficiary is involved in any legal difficulties, for example, bankruptcy or divorce


You should review your succession planning needs on a regular basis, especially in the face of changing life events, such as a marriage, the birth of a child, change of career or a death.

At Pinnacle Wealth Management, we can guide your succession planning strategy from the financial perspective, working with our network of professional referral partners to incorporate Wills and Testamentary Trusts. We can also guide you towards putting in place important legal instruments such as Power of Attorney, Power of Guardianship, and Medical Power of Attorney.

You can learn more about succession planning by reading our  e-books, and for a no-obligation, free appraisal of your own personal situation, book an appointment today.