Why Coverage Matters

As we enter the final quarter of the year, it is time to revisit one of the most critical yet often neglected components of your estate plan: your risk coverage strategy. Life cover is not just a financial product – it is a strategic tool that ensures liquidity, protects dependants, ensures business continuity and supports estate equalisation.

From Coverage to Custodianship

A well-planned coverage strategy is one of the cornerstones of generational wealth. Without proper structuring, life cover can become a source of confusion and conflict. Beneficiaries may be misaligned with your intentions, liquidity may fall short of estate obligations and your legacy may be compromised.

At Wealth Succession, we guide you to:

• Assess your current life cover: Is it sufficient, relevant and aligned with your estate goals?
• Optimise pension and insurance structures: Integrate them into your broader wealth strategy.
• Ensure liquidity for estate costs: Avoid forced asset sales or delays in distribution.
• Align beneficiaries with succession plans: Prevent disputes and ensure clarity.
• Incorporate cover into trusts and corporate entities: For tax efficiency, continuity and control.

Trusts and Coverage: A Strategic Alliance

Trusts are powerful succession vehicles because they are not owned, and they do not die. Life cover, when structured correctly, can fund trusts, buy-sell agreements and estate liquidity; all while avoiding estate duty in certain scenarios.

We assist you to:

• Use trusts to hold life cover for tax efficiency.
• Structure buy-sell agreements backed by life cover.
• Avoid estate duty through key-person and contingent liability cover.
• Nominate beneficiaries wisely to prevent unintended estate inclusion.

The Wealth Succession Way

At Wealth Succession, we assist families in moving beyond financial instruments to embrace custodianship, succession strategy and generational momentum. We do not just advise – we walk alongside families as they prepare, simulate and repeat the succession journey with clarity and confidence.
Legacy is not built by products, it is built by people. Our work is rooted in relationships, values and the belief that wealth is energy to be preserved and passed on with understanding.

We believe in empowering people – not just planning for them. Our approach ensures that successors are not only ready to receive the baton but are already running alongside it.

Let’s Talk

Your coverage should reflect your values and protect what matters most; your family, your legacy and your peace of mind.

Let us ensure your coverage strategy is a pillar of your generational wealth plan.

Ready to review your coverage and succession strategy? Let’s talk.

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