63. Succession Planning with Terry Waugh

19/08/2022 48 min
63. Succession Planning with Terry Waugh

Listen "63. Succession Planning with Terry Waugh"

Episode Synopsis

Today we’re talking about succession planning with the one and only Terry Waugh.This is a pretty big topic but we’ll be focusing in on areas such as:What is succession planning and why should we care? (02:22)What are some of the available options for succession planning? (04:19)Wills (07:06)Testamentary trusts (13:31)Succession planning within companies (20:52)Superannuation - who gets it when you die? (24:15)SMSF - what are the key differences? (28:42)Life insurance inside superannuation (39:30)How to protect your kids in case you die (31:01)How much do these structures cost? (33:27)LinksPodcast - 46. Terry Waugh - StructuringWebsite - Structuring Lawyers Pty LtdPodcast - The Structuring PodcastFacebook - Aussie FIRE Discussion GroupForum - Property Chatwww.aussiefirebug.com/podcast