HNW Families and Family Offices
Whole-of-wealth coordination for families with complex structures across multiple entities and generations.
General Advice Warning: Any advice on this site is general in nature only and has not been tailored to your situation and needs. Please seek personal advice prior to acting on this information. Before acting on this content, consider its appropriateness to your objectives, financial situation and needs.
High-net-worth families often operate across multiple entities — trusts, companies, SMSFs, and personal holdings — each with their own tax treatment, compliance obligations, and succession implications. Without a coordination layer, advice given to one entity can contradict the strategy of another.
Build MyWealth works with HNW families and family offices to bring all advisers, structures, and strategies into a single coordinated framework. We do not replace your existing legal, tax, or accounting relationships — we sit across all of them to ensure the whole-of-wealth position is optimised.
Why HNW Families Need a Coordination Layer
When wealth grows beyond a single entity, coordination risk becomes the primary threat to long-term outcomes. Families with multiple trusts, an SMSF with a balance above $3 million, corporate structures, and cross-generational beneficiaries face compounding complexity that no single adviser can manage in isolation.
Common coordination failures include: conflicting tax advice between accountant and financial adviser; insurance structures that do not align with estate planning documents; trust distributions that trigger unintended Division 296 consequences; and succession plans that have not been stress-tested against current legislation.
A coordination layer does not replace any adviser — it ensures they are all working from the same strategic blueprint.
What We Cover
- Intergenerational wealth transfer — Structuring the transfer of wealth across generations with tax efficiency and family governance
- Trust succession and restructuring — Reviewing trust deeds, appointing successor trustees, and aligning distributions with current tax law
- SMSF high-balance strategy — Managing SMSFs with balances above $3 million, including Division 296, pension strategy, and liquidity planning
- Division 296 tax planning — Modelling the impact of the proposed additional 15% tax on unrealised gains for super balances above $3 million
- Insurance structuring — Coordinating life, TPD, and income protection across personal, super, and trust ownership
- Estate coordination — Aligning wills, binding death benefit nominations, trust succession, and powers of attorney into a single cohesive plan
Related Strategy Pages
- Intergenerational Wealth Transfer — Structuring wealth transfer for HNW families across trusts, super, and insurance
- Estate Planning Strategy — Wills, powers of attorney, binding nominations, and testamentary trusts
- Division 296 Tax Strategy — Modelling and mitigation for the proposed tax on unrealised super gains above $3 million
- Family Office and Private Client Advisory — Governance, reporting, and coordination for multi-entity family structures
- SMSF Strategy — Self-managed super fund strategies for high-income professionals and business owners
Sangram Rana is an IFA Excellence Awards finalist: Risk Adviser of the Year 2022, 2023, and 2025, SMSF Adviser of the Year 2022 and 2023, and Client Outcome of the Year 2022. Published in the Australian Financial Review, Money and Life, SmartCompany, Inside Small Business, Professional Planner, Life Insurance Guide, CommBank Brighter Magazine, and Benefolk. Corporate Authorised Representative, Lifespan Financial Planning AFSL 229892.
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Build MyWealth is a trading name of Accounting Cloud Pty Ltd. Sangram Rana is a Corporate Authorised Representative of Lifespan Financial Planning Pty Ltd AFSL 229892. This page contains general information only and does not constitute personal financial advice. Financial Services Guide available at lifespanfp.com.au.
Rates and thresholds should be confirmed on ATO published pages at the time of implementation, as indexation and legislation changes can occur.