Accounting, Tax & Financial Services for Lawyers
Legal professionals should seek expert guidance from accountants who understand their professional category and take time to appreciate their personal circumstances. Having dual-faceted knowledge is key to creating premium outcomes for lawyers – that’s why Wilson Pateras’ accountants and advisors familiarise ourselves with our legal client’s career goals and financial aspirations. The legal career path is a unique one: any tax or wealth management strategy you might put in place should match with your professional objectives.
Engaging an expert lawyer-focused accountant advisor to review and discuss these matters ensures you’ll be making the correct distributions annually and remaining compliant with ATO guidelines. Doing so sooner than later allows your financial strategy to mirror that of your career progression.
Having worked with legal professionals at various stages of their career trajectory, Wilson Pateras know that consulting with expert accountants will only ever be to a lawyer’s benefit. Knowledge means the power of better decision-making, leaving you to progress your career with confidence – the aim of every lawyer!
Building Financial Security
Strategies to help
Build effective tax planning strategies to legally minimise the amount of tax you pay. There are numerous ways such as deferring income, super contributions or to accelerate your expense deductions.
Build Your investment
Develop a strategic investment approach and invest in asset classes that suit your risk profile. Having the right structure is just as important as determining the right investment products.
Ensure you and your family
are financially secure
Ensure you and your family are financially secure by getting risk insurance, such as income protection and life insurance, particularly if you have young children or starting a family.
Setup your own
Invest using your super money by setting up a Self-managed Super Fund. An SMSF gives you direct control and flexibility over your investment decisions, helping you reach your retirement goals.
Plan and manage
your cash flow
Cash flow planning provides a detailed projection on money going in and out, removing the element of uncertainty and guesswork. You will have a good insight on what is affordable and plan for the family budget as well.
Loans that suit your
Take into consideration your financial circumstances and requirements when selecting the right loan for you, while also considering any tax implications and advantages.
Book A Complimentary Meeting
If you would like more information or to discuss this further please contact
us on 03 8419 9800 or book a meeting using the form below.
Expert lawyer focused guidance from accountants
that understand the law industry
General Legal Counsel