Donal Griffin (in/donalgriffin) of Legacy Law (www.legacylaw.com.au) is a specialist lawyer and ‘recovering’ Financial Advisor who is in the business of fighting families. Sorting out family fights that is. With over 25 years’ experience in legal affairs, Donal is proud to be known as the trusted legal advisor to families who are doing interesting things.
Donal has also put together a course for the XY online training platform which provides several practical takeaways and examples of how advisers can not only start the estate planning conversation with clients, but own it. You can check out his course here - https://www.xyadviser.com/courses/how-xy-advisers-can-get-into-estate-planning/
Here’s some of what you’ll learn in this episode:
1:42 – Is a binding financial agreement really binding? How does it actually work?
9:00 – What a typical work week looks like for Donal and the situations his client’s get themselves into
10:11 – The ramifications of digital signatures with trust deeds and the effect this has on SMSF’s
17:32 – Estate Planning – should advisors spend time in this area with clients or outsource?
19:07 - Best practices if you don’t want to include Estate Planning in your service offering
20:24 – The lowdown on Testamentary Trusts - the tax benefits and other things to be aware of
40:26 – How Donal successfully partners with Financial Advisors, and the value clients receive
XY Adviser Online Training Platform - https://www.xyadviser.com
General Disclaimer - https://www.xyadviser.com/disclaimer/
This podcast is proudly supported by Netwealth (www.netwealth.com.au), an ASX listed company ranked #1 for overall platform functionality and user satisfaction by Investment Trends for the past three years.
Netwealth understands that the Financial Advice landscape is changing and is providing market leading technology to help you explore new perspectives and realise new efficiencies. Through excellent customer service and expertise, Netwealth are working with XY Advisers to innovate and drive Financial Advice forward.