Retirement planning
When planning for retirement, Grant Thornton consultants advise strategies to maximise retirement assets and income, thereby maintaining the quality of life our clients are accustomed to.
Planning for retirement, both from a lifestyle and financial perspective, should be part of the founder’s long term wealth creation process. The changes to Capital Gains Tax (CGT) on 20 September 1999 incorporated some amendments in the treatment of the sale of a small business. The complexities and the interrelationship between small business, CGT and retirement has resulted in this area requiring significant planning. In short, the changes allow small business owners to reinvest back in their own businesses with the view of realising these assets to fund retirement.
Asset protection
How would you feel if everything you've worked for - for yourself and your family - was lost? Most business owners unknowingly have their assets exposed and risk losing their wealth. This is because they have not been advised on how to structure their assets and liabilities in the event of misfortune.
To avoid catastrophe, Grant Thornton helps its clients to
- maximise the protection of their assets;
- ensure their assets are owned in the most appropriate structure;
- build a wall between their business and personal assets;
- gain the maximum security they can for advances to their business; and
- protect themselves before it's too late.
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Grant Thornton Financial Counselling Limited is the Financial Planning arm of the Grant Thornton practice in Ireland and has offices in Dublin and in Limerick.
Grant Thornton Financial Counselling Limited is regulated by the Financial Regulator. Registered office: 24-26 City Quay, Dublin 2. Company registration no. 102489.
Grant Thornton is authorised by The Institute of Chartered Accountants in Ireland to conduct investment business under the Investment Intermediaries Act 1995.