Estate & Business Succession Planning

Estate Planning

We have one of the most experienced teams in Western Australia in advising our clients as to the best way to provide for their families whilst also protecting their hard-earned assets.

We know that every client is different. We listen to each client tailoring our advice according to that client’s individual needs. We explain to our clients what they need to know, while giving our clients what they want.

Some of the services we offer are:

  • Preparing both simple and complex Wills to achieve the best way of providing for family members after death
  • Liaising with clients’ existing advisors, such as accountants and financial planners, to achieve a holistic individually-tailored succession plan that suits clients’ distinct needs
  • Preparing Testamentary Trusts, Enduring Powers of Attorney, Discretionary Trusts, Self-Managed Superannuation Fund Trust Deeds, Advance Health Directives and Enduring Powers of Guardianship
  • Assisting with Business Succession Planning and Agreements
  • Assisting Executors to apply for, and obtain, Probate of Wills or Letters of Administration of intestate estates from the Supreme Court
  • Advising Executors and Trustees as to their obligations towards beneficiaries under Wills and Trusts
  • Advising clients about both the taxation and asset protection advantages of testamentary trusts
  • Advising clients about compliance with superannuation legislation for self-managed superannuation funds
  • Advising clients about challenging or defending Wills, including Family Provisions claims, constructive trust claims and interpretation of Wills and passing of accounts
  • Conducting estate litigation up to and including trial, including dispute resolution

You will be able to draw on our vast experience and skills in advising clients at the “front end” of Will preparation, but also at the “back end” of estate administration and dispute resolution.

Murfett Legal’s expertise and support will provide you with the means to make informed decisions about any estate-related matter of concern to you.
 

Business & Equity Succession Planning Services

Similar and related to personal Estate Planning, Business Succession Planning is an integral part of all successful business and equity owners.

Murfett Legal has extensive experience in advising on business succession matters and preparing all related legal documentation, including:

  • Business and Equity Holding structures;
  • Inter-generational aspects and family dynamics as well as management buy-outs;
  • Partnership, Shareholder and Unitholder Agreements;
  • Insurance-Funded Buy/Sell Agreements;
  • Risk Mitigation and Asset Protection Strategies Agreements;
  • Co-Owners Agreements;
  • Director Deeds of Indemnity;
  • Equity Sales and Option Agreements (partial or full);
  • Succession Arrangements for Family Trusts and SMSFs;
  • Management Buy-Outs and Employee Share Option Schemes;
  • Charitable and Philanthropy Arrangements (including Charitable Trusts)

We also work closely with your key other advisors such as your accountants, financial and insurance advisors.  This ensures all your Business Succession arrangements are optimised for the best legal, financial, tax and insurance purposes.

Further, owing to our extensive experience combined with our highly-regarded people skills in not only advising on drafting Business Succession documentation but also our understanding of each client’s individual needs, we work with our clients to ensure that their personal values and desired business, goals and strategies are fully encompassed.

We also very much recognise Business Succession Planning is not an overnight or ‘one-off’ process, rather it’s a continuous part of all businesses from the initial formation and start-up right through to multi-generational, continued ownership of a business.

Our Business Equity Succession team is led by our Commercial & Succession Law Director, Tom Meagher and we are able to work with clients in a pro-active and ongoing advisory role.

Based on Tom’s extensive skills and experience in this area, including being one of Australia’s leading presenters of Legal Seminars; including a range of Business Structuring, Estate, and Business Succession Planning as well as Business Equity, you will be confident that all your objectives will be fully understood and properly implemented.

our specialists

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Jason De Silva

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Tom Meagher

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Kevin Morgan

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Kan Dissanayaka

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Free 15 Minute
Telephone Consultation

Customer satisfaction is the benchmark of success here at Murfett Legal. To prove our point, book a free 15 minute telephone consultation with our team and our lawyers will be in touch to fully understand your situation in order to provide clear cut solutions for your needs.