Case Studies - Finance

"I'm so pleased I met Nick!

He reviewed my affairs and saved me a cool half-a-million dollars by pointing out that the tax saving scheme that my previous accountant had suggested was exceptionally risky from the Property Relationship Act point of view. I was a year into my second relationship (I thought at the time I had found a new lifetime partner) and was about to transfer investments selected for capital growth worth about $1 million into my partner's name to save tax of a mere $10,000 a year."

Following Nick's advice the investments were transferred into my trust instead, my partner was made a conditional beneficiary only of the trust and the tax arising was still reduced. Six months later, as a result of difficulties with step-parenting, we went our separate ways but at least my assets were safe!"