Episode 5

Episode 5 Waiting for the D Bus

Purpose of Wealth Podcast

About the episode

You’ve invested blood, sweat, tears and hard earned cash into your business. But as much as things might be going OK, you never know what’s around the corner.

“Nothing is certain except death and taxes” Benjamin Franklin once said.

In modern life, turns out there’s a multitude of other complicated twists you might also have to deal with – all the D words – Divorce, Defactos, Family Dynamics, Cognitive Decline, and the list goes on.

This brings with it a bunch of legal, financial, and personal considerations, which all come under the heading Succession Planning.

Basically, making sure you are sorted for things that might happen and the one thing we all know definitely will happen.

So let’s get on board the D Bus and talk through the issues with Australia’s very own Will Whisperer – Eliza Newson, Director – Trustee Services with Mutual Trust in Melbourne.

Want to know more about the ground breaking research Why the Modern Family Office Matters? Head to mutualtrust.com.au – or email us at purposeofwealth@mutualtrust.com.au

Featuring

Narelle Hoope - Host

During more than 25 years as a business and finance journalist and editor Narelle has worked for Australia’s leading media groups including the ABC, Fairfax Media and SBS TV. She’s a former Editor of the Australian Financial Review’s BOSS Magazine and was founding co-chair of the Financial Review’s Women of Influence Awards.

Narelle is also a member of the board of the The Ethics Centre. She has held a number of non executive director roles over the past decade, including with the Tasmanian Development Board, the Documentary Australia Foundation and with women's entrepreneurship accelerator SBE Australia, which runs the Springboard Enterprises program.

Eliza Newson - Guest
Partner, Family Succession & Trustee Services

Eliza works alongside families to create effective succession plans from the overall strategy through to implementation and execution.

Eliza has nearly 20 years of experience working with High-Net-Worth families. She was the Head of Legal within Perpetual Private, where she has seen and dealt a diverse range of multi-faceted matters which can arise in large, multi-asset and multi-generational families.
Master of Business Administration
Bachelor of Law and Science