Wealth Creation FAQs

Compounding is incredibly powerful, by starting early you can see the advantages. The below example gives you an example that a person who has a goal of accumulating $1 million at the age of 65 will need to put $3 per day at age 18 but the same person leaving his goals to accumulate $1 million at age 55 will need to put in $156 per day – this is provided the clients make an average return of 10% per annum; which we all know means taking some risks in a portfolio to make 10% in returns.




5% Return

7% return

10% returns





















Total at age 65

$1 Million

$1 Million

$1 Million

Usually a family trust is set up by family members, family trusts can be in many forms.

They may be discretionary - where the trustee has full discretion to make decision about how to distribute the income and capital from a trust.

Trusts established for family affairs, are usually testamentary or intervivos trusts. Testamentary trusts are established in a will and do not come into effect until the Will make passes away. An inter vivos trust, is similiar to a testamentary trust arrangement provided by a will, except that it is established by a trust deed, and allows a person to pass on thier assets while still alive.

The family trust is in many cases a very important document that are usually set up in order to:

--> Protect assets from creditors

--> Distrbute income between family members and, therefore pay less income tax overall

--> Manage money for children until they are older

--> Manage assets for family members who are unable to do so due to disability, mental incapacity or age.

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