In this episode of The Accountant That Builds, Shannon Smit delves into the "Great Wealth Transfer" set to occur as Baby Boomers pass down an estimated $84 trillion to the next generation. Shannon explores the challenges and opportunities this massive transfer brings, including tax implications on inherited superannuation, the importance of estate planning, and how tools like testamentary trusts can protect family wealth from divorce settlements and creditors. The discussion also covers the evolving role of investment bonds as a tax-efficient strategy for multi-generational wealth transfer.
Whether you're a Baby Boomer or someone preparing to receive an inheritance, this episode provides invaluable insights into how to effectively plan and preserve wealth across generations. Shannon offers practical advice on financial gifts, lending for home purchases, and ensuring your family’s financial security. We hope you enjoy this episode and come away with actionable tips to safeguard your wealth and create a lasting legacy.
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Excellence in Inclusivity and Accessibility recognises businesses for their leadership in creating welcoming, inclusive spaces and ensuring accessibility for all. In this episode, the award-winnings share how inclusion isn’t just the right thing to do - it’s a smart business move.
The Local Community Connection Award recognises businesses with a commitment to strengthening the Mornington Peninsula community through networks, partnerships and social contributions. This episode features the award-winners as they share practical strategies, proven approaches, and inspiring stories that show how community connection isn’t just good for people - it’s sound business practice.
Shannon Smit dives deep into the compelling world of using self-managed super funds (SMSFs) to invest in property. With her signature energy and expertise, Shannon explains the mechanics of SMSFs, contrasting them with retail and industry super funds, and revealing the unique power they offer individuals to take control of their financial future.
What does it take to turn a modest property portfolio into a self-sufficient powerhouse? In this episode of The Accountant That Builds, Shannon Smit invites you into the fascinating journey of property investment, revealing the key steps, strategies, and mindset shifts that can transform two properties into a thriving, cash flow-neutral portfolio.
Smit is well-known for her years of international and local experience, expertise in niche areas, small business tactics and her recruitment process for young up-and-comers.
Aged care financial planning is a highly specialised area that requires not only financial expertise but also an understanding of the
emotional challenges families face. In this episode of The Accountant That Builds, host Shannon Smit sits down with Aged Care Financial
Advice specialists to unpack the complexities of aged care funding.
