How can we help?

Whether you’re just dipping your toes into an exit plan or have spent the better part of a career developing your business and asset portfolio into what it is today, our asset protection advice can help! Ensuring that your personal and business assets are structured correctly, a well-thought exit strategy has been put into place, and a comprehensive estate plan has been set up is the best way to ensure that your life’s work is protected.

Get in touch with us at Taggart & Partners for asset protection, business exit planning, and for help with developing a comprehensive legacy and estate plan to suit your needs. With a well laid out plan, you can maximise your investment returns, significantly minimise risk, and reduce the amount of tax you are paying now and in the future.

Protecting Your Assets

Asset Protection Advice

The way your business is structured affects the protection of your business and personal assets.

The way your business is structured affects the protection of your business and personal assets.

Asset protection is often one of the most neglected aspects of personal financial planning. How well your assets are protected depends on the way you structure the ownership of assets, ensuring they’re owned in the right names or entities.

At Taggart & Partners, we specialise in asset protection advice that finds the most appropriate structure to ensure you and your business are well protected. What’s more, you may find that choosing a different structure can reduce the amount of tax you’re paying.

Call us today on (07) 3391 1188  for our asset protection Brisbane service and find out how we can ensure your private family and valuable business assets are adequately insulated from any possible future financial setbacks, family disagreements and/or business failure.

Developing Your Exit Plan

Business Exit Planning

Setting up for moving on

If there’s one certainty in business ownership, it’s that at some point in the future you will want to transfer your business interests. There are four business exit planning ways in which you can achieve this:

  • Transferring business ownership to your children
  • Selling the business to a partner or employee
  • Selling to a third party
  • Liquidating

Effective exit strategy business planning will pay huge dividends to both the final sale price and from a tax perspective. At Taggart & Partners, we can help you with all aspects of the business exit planning process including:

  • Estate planning – Setting in place a viable plan that ensures your personal and business assets are passed on according to your wishes.
  • Succession planning Passing on your business by identifying new leaders that can take over when you leave, retire, or pass away.
  • Tax Advice – Tailored tax advice to your planned exit situation, that maximises returns and minimises taxes payable.
  • Superannuation Planning and Funds Advice – Planning your superannuation and retirement goals and getting the most out of your fund.
  • Personal Investment and Insurance Advice – Risk-reward personal investment and insurance advice.
  • Retirement Planning – Setting the wheels in motion to make the transition from working life to being retired.
  • Asset Protection Advice – Ensuring your personal and business assets are structured effectively to reduce personal risk and reduce taxes owed.

Get in touch with us at Taggart & Partners today to speak to one of our qualified business accountants to see how we can help you plan your exit strategy.

Planning Your Legacy

Planning Your Legacy

Live now, but plan for your future

Live now, but plan for your future

Legacy planning is a topic that few of us like to think about, let alone discuss and plan proactively. As a business owner, a comprehensive estate plan is far more effective than a will in being able to protect your assets, reduce the risk of disputes, and minimise your taxes.

Everything that you ‘own’ including your business, home and super is not necessarily a part of your estate. The business structure that you operate in can have a significant impact on what you actually ‘own’.

Did you know for example, that assets held in companies, trusts and your super don’t necessarily form part of your estate unless you take specific measures to change this?

  • Consider what would happen if you are in partnership with someone and something happened to them. How would you pay their estate?
  • What if something happened to you, how would your family access the value held within your business?

At Taggart & Partners, we can help you with all aspects of the process including:

  • Tax effective strategies to maximise the value of your estate
  • Effective business structuring
  • Developing your will
  • Options for dealing with your superannuation
  • Insurance advice
  • Establishing a Discretionary Testamentary Trust
  • Business owner succession planning

Whether you have a will that you haven’t look at in the last two years, or need help making a comprehensive estate plan that encompasses your personal and business assets, speak to us today on (07) 3391 1188 or get in touch with us to arrange an appointment to get your affairs in order.

  • Raymond specialises in asset protection strategies, business structures and taxation planning to improve profits and mitigate tax & business risk. Raymond is dedicated to the needs of each client." "Ray has consistently provided our company with high quality advice and demonstrated an in depth knowledge to maintaining a profitable and fiscally rewarding business

    Rebecca Parry

Our Reviews on Google

  • review rating 5  Ray and his team helped us create an extremely tax effective structure to reduce our tax obligations, maximise our returns and protect our company and private assets. We can now plan for retirement with confidence and certainty. I would highly recommend Taggart & Partners and only wish I'd changed accountants years ago! (The reserved parking sign with our names on it was also a nice touch!)

    thumb Paul Hewish
    3/08/2020
  • review rating 5  I’ve been a client for over 10 years and cannot recommend this firm enough. Personable and knowledgeable service. Very experienced team. Always available with back up support. It is essential to have this kind of support when running a small business. And Taggart and Partners really deliver. They have been invaluable. Highly recommended.

    thumb Stephanie Canfell
    1/16/2020
  • review rating 5  If you want a company that can understand the varying needs of individuals circumstances and how best manage them you cannot go past Taggart & Partners. From the start Ray and his team have provided a wealth of knowledge and support with how to better manage my companies and trusts. I would highly recommend Ray and his team at Taggart & Partners! After many years of searching I have now found a company that is professional and provides accurate advice when needed. Not to mention Ray and the team are extremely friendly and welcoming!

    thumb Andrew Allinson
    7/18/2019
  • review rating 5  It has taken me 6 years to find an Accounting Firm that I am finally extremely happy with. The Owner/Director Ray Taggart is a sharp-minded operator with a very efficient team . This now sets the way forward for my business and personal tax returns. You cannot go wrong .

    thumb Teneriffe Apartments
    9/06/2019
  • review rating 5  My husband and I changed over from our previous accountant of 25 years to Ray Taggart & Partners 6 months ago. This decision was not taken lightly, but Ray was highly recommended by our in house accountant in our business. Upon meeting Ray for the first time we knew he was a cut above the rest. Ray has proved that tour first instinct was correct. For the first time in 25 years in business, we have a clear and concise proactive plan in place with the structure of our business and personal plans for the future. It has been the best investment in our future that we have made for a very long time. I would highly recommend Ray Taggart and his team to anyone in business Thank you Ray Lorraine Parke Fashion Carpet Court Stones Corner

    thumb LORRAINE PARKE
    8/08/2019
  • review rating 5  I was introduced to Ray Taggart when I abruptly learnt that "our existing accountant wasn't an accountant!" Ray and his team immediately took us on board and over a short period of time ensured compliance when it was needed the most. To know that you have a support team in the background such as Taggart & Partners, a team who will ensure that all aspects of owning and operating a small business is kept compliant, is a breath of fresh air. Ray and his team are always on the other end of the phone (or email) and a response to queries is always received within twenty fours - much different to what we had become used to in the past. I cannot recommend Taggart & Partners enough, thankyou!

    thumb Tracey Sims
    11/14/2019
  • review rating 5  We've recently become clients of Taggart & Partners after knowing Ray & Suzi professionally/personally for 10+ years. The change over from my previous accountant handled with ease/care, and the first 12 months has been eye opening. There is clear concise communication, a pro-active mentality, and a whole of team office culture that makes you feel like you're their most important client. Working with an Accountant/Business adviser shouldn't be seen as just a business cost, it should be seen as an investment, and switching to Taggart & Partners has been one of the best business investment decisions I've made in the last decade.

    thumb Aron Burtenshaw
    7/17/2019

Interested in asset protection or business exit strategies?

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