EP 98: Our resident financial planner is back to talk about succession planning. Consider this episode as succession planning 101, a helpful guide on how to start thinking about succession planning.

NOTE: This episode is a general guide, NOT financial advice.

Episode Highlights:
00:00 Welcome to Business and Investing
03:22 How much wealth will the next generation most likely receive?
05:07 The best time to start succession planning
06:48 What you need to consider before starting
12:31 Different ways things can be passed on 
16:12 Tax implications on inheritance 
22:20 Helping your children earlier in life
29:09 Accumulating assets and succession planning
33:42 Contested wills 
36:21 What is an investment bond?
41:43 What happens when there’s debt in the assets you pass on
43:02 Planning your children’s inheritance early on
46:33 Common mistakes people make when succession planning

If you enjoyed this episode, be sure to subscribe, tune in, and share this podcast! 



Resources: 
○ Business and Investing Website: https://www.businessandinvesting.com/
○ Business and Investing partners: https://businessandinvesting.com/partners/

About the Guest: 
Ray Regmi is the Senior Financial Adviser and Principle of Ryker Capital (AFSL: 243313). They offer services to Australian business owners who are looking to reach financial independence and create true wealth.

To connect with Ray and the Ryker Capital team, head over to: https://businessandinvesting.com/partners/ryker-capital

Subscribe: 
○ Subscribe on Youtube: https://www.youtube.com/channel/UCwTrdJ5udIvx44PgEAlHgmw
○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342

Connect with Business and Investing: 
○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480
○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom
○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom
○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom
○ Send your enquiries or drop by to say hello: grant@businessandinvesting.com

DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

EP 98: Our resident financial planner is back to talk about succession planning. Consider this episode as succession planning 101, a helpful guide on how to start thinking about succession planning.
NOTE: This episode is a general guide, NOT financial advice.
Episode Highlights: 00:00 Welcome to Business and Investing 03:22 How much wealth will the next generation most likely receive? 05:07 The best time to start succession planning 06:48 What you need to consider before starting 12:31 Different ways things can be passed on  16:12 Tax implications on inheritance  22:20 Helping your children earlier in life 29:09 Accumulating assets and succession planning 33:42 Contested wills  36:21 What is an investment bond? 41:43 What happens when there’s debt in the assets you pass on 43:02 Planning your children’s inheritance early on 46:33 Common mistakes people make when succession planning
If you enjoyed this episode, be sure to subscribe, tune in, and share this podcast!  
Resources:  ○ Business and Investing Website: <a href="https://www.businessandinvesting.com/">https://www.businessandinvesting.com/</a> ○ Business and Investing partners: <a href="https://businessandinvesting.com/partners/">https://businessandinvesting.com/partners/</a>
About the Guest: Ray Regmi is the Senior Financial Adviser and Principle of Ryker Capital (AFSL: 243313). They offer services to Australian business owners who are looking to reach financial independence and create true wealth.
To connect with Ray and the Ryker Capital team, head over to: https://businessandinvesting.com/partners/ryker-capital
Subscribe:  ○ Subscribe on Youtube: <a href="https://www.youtube.com/channel/UCwTrdJ5udIvx44PgEAlHgmw">https://www.youtube.com/channel/UCwTrdJ5udIvx44PgEAlHgmw</a>  ○ Subscribe on Apple Podcast: <a href="https://podcasts.apple.com/au/podcast/business-investing/id1607453342">https://podcasts.apple.com/au/podcast/business-investing/id1607453342</a>  
Connect with Business and Investing:  ○ Join the Business and Investing Community: <a href="https://www.facebook.com/groups/440140397804480">https://www.facebook.com/groups/440140397804480</a>  ○ Follow us on Facebook: <a href="https://www.facebook.com/businessandinvestingcom">https://www.facebook.com/businessandinvestingcom</a>  ○ Follow us on Instagram: <a href="https://www.instagram.com/businessandinvestingcom">https://www.instagram.com/businessandinvestingcom</a>  ○ Follow us on TikTok: <a href="https://www.tiktok.com/@businessandinvestingcom">https://www.tiktok.com/@businessandinvestingcom</a>  ○ Send your enquiries or drop by to say hello: <a href="mailto:grant@businessandinvesting.com">grant@businessandinvesting.com</a>  
DISCLAIMER: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!

The Business & Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.

Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.

*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!
The Business &amp; Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.
Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.
*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

Helping business owners generate wealth inside and outside of their business.

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