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DISCOVER how we can help you

LEARN more from our current resources

Make your money work for you

Speak to a specialist   ph: 03­­­ 9848 9811

Monday – Friday 8.30am to 5.30pm (Melbourne time)

Make your money work for you

Speak to a specialist   ph: 03­­­ 9848 9811

Plan and protect your family’s future

It’s likely that nothing is more important to you than your family, therefore it’s understandable you want to take care of them.

If you’re the breadwinner, your ability to earn an income to support your family is important. You want to give your family – including the generations to come – the best opportunities in life.

How can you guarantee you’ll have a consistent income to support and protect them all?

How can you maximise income to accumulate wealth to be passed down the family line?

What measures should you put in place to plan for their future and make sure it’s protected?

Take care of your family with a good financial plan.

What should you consider?

Creating a plan that consolidates and protects your family’s future is critical. There are many issues to consider, and there’s no one-size-fits-all financial plan.

Regardless of your circumstances, you may be asking yourself how you can guarantee that your accumulated wealth is optimised for your family or future generations. Perhaps you want to set up a trust, or ensure that your wealth is appropriately distributed among your beneficiaries.

Planning for the future

When you plan your family’s future, you will want to consider how you will build your wealth and what needs it will serve.

You may want to consider whether it’s through investing in property or shares, or with clever budgeting and rigorous savings.

How do you protect what you build to ensure it will be there to provide an income stream for you and your family well into the future – and even to benefit future generations.

Structuring your finances correctly is as important as building them. You’ll want to be sure you’ve put your money in the right places in the right way that suits your goals and needs. A good financial adviser will help guide you through this journey.

Estate planning

Estate planning is an essential component of any comprehensive family plan. It involves making sure your money is optimised, protected and structured effectively. Among other things, you’ll want to ensure the following is included in any comprehensive estate plan:

  • An organised will detailing the distribution of your wealth to chosen beneficiaries
  • A chosen power of attorney (someone you trust who can act for you if you can’t make important decisions)
  • An executor (a solicitor or trustee, for example, who will distribute your assets after your death)
  • A guardian (someone who can make decisions about your medical care on your behalf)
  • A summary of your finances
  • A plan to ensure your money is well invested

Protecting your family

An essential part of protecting your family both now and in the future is to consider the role insurance can play. Through insurance, you can be sure your costs of living would be covered even if you were unable to work due to serious illness or injury. Death cover will ensure that your family will be taken care of if you were to pass away unexpectedly.

Choosing the right insurance policy can be complicated. There are many personal circumstances and goals to take into account. An experienced professional can help determine the best policy for you and your family’s needs.

How SCM can help

At Scholten Collins McKissock, you’ll find expert financial advisers who will be able to help with all your family planning and protection needs. Among the services we offer include:

  • Creating a strategy to build your wealth
  • Advising on the right structures for you and your family
  • Budgeting and debt advice
  • Protecting you and your family from risk
  • Helping manage your cash flow
  • Reviewing or developing your estate plan

We offer services specially designed to cater to family groups to help consolidate and protect your wealth. Organise an initial appointment with one of our financial advisers today.

We can help you at any stage of your life. Whether you’re starting your first job or planning for your retirement, we can provide expert guidance and knowledge.

Get in touch with us today for more information on how we can help you manage your wealth, and to book an appointment with one of our advisers.

Meet our Wealth Management team

Trent Collins

Trent Collins

Practice Principal

Matthew Scholten

Matthew Scholten

Matthew Scholten Executive Chairman & Practice Principal

Christopher Fagan

Christopher Fagan

Executive Director & Practice Principal

Con Gianna

Con Gianna

Practice Principal

Emily Macdonald

Emily Macdonald

Associate Adviser (professional year)

Mitchell Fidas

Mitchell Fidas

Associate Adviser (professional year)

Luke Spiller

Luke Spiller

Senior Financial Adviser

Our story

At SCM, we believe our success is largely due to our people – their expertise, professionalism and their commitment to you – our clients. We build lifelong relationships with our clients that are based on a real understanding of your situation and your goals. We work hard to get to know our clients. We listen, explain and educate.
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Working together to create a strategy that’s right for you

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Working together to create a strategy that’s right for you

DISCLAIMER: It’s important to consider your particular circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Neither Elect Wealth Management Pty Ltd, an Australian Financial Services Licensee, nor its authorised representatives and Elector Pty Lt atf Scholten Collins McKissock Trust warrant or represent that the information in this site is free from errors or omissions or is suitable for your intended use.