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G'day Macca, Just missed your post, sorry. I reckon you've hit the nail on the head in terms of peace of mind. I most definitely wish to get to a point where I can be totally hands off if possible (this would be the ultimate end goal for me). There is no way I can see myself still...

Hi Alex, Thanks for your reply. Agreed the TT will only apply after I've passed away, however there are some assets I wish (at this stage anyway) to retain some control over until my sons are well underway with their lives and the TT appears to be the best vehicle to manage this. Other...

Thanks Keith and again Truong, It's funny how we often can't see the wood for the trees Truong, I only had this conversation with accountant last month, but we didn't go hard at it at the time. I had spoken on & off with accountant wrt lowering income during a transition phase, but given...

Thanks Stumpie, Truong & China, some excellent contributions there. I'm hearing everything that everyone is saying and it's definitely reinforcing where I believe I need to be heading (with accountant & FP in tow). I'm finding myself surprisingly open to moving out of bricks & mortar...

Thanks TF, Interesting you mention, "Next cycle after this one.." I've been playing that very same line with my accountant in determining which IPs are sitting where right now and where will they be at in terms of growth cycles in 8 - 10 yrs; so this is a really relevant point and needs to be...

'Morning All, Thanks for the terrific replies so far, much appreciated! Some really good points of view & variations on perspective from all. I'm particularly interested in commentary along the lines of switching from administratively onerous IPs to other passive income producing vehicles...

Hi Wylie, thanks for taking the time to reply in detail. I had read some of your earlier posts (2012 I think??) on this type of thing and I recall your account of your family situation. I guess there are two clear facets to my thoughts: 1). How do I reduce my administration & management...

Sorry I have no idea why my posts end up with weird punctuation i.e. ? marks even when I am not asking a question. I am using a mac but have no idea on text or formatting irregularities when posting on the forum.

Sorry Olly, but I took the liberty of stealing this topic as inspiration from the link in your last post on the Amish thread. I wish to open some discussion with a view to engaging ageing members of our forum community for your thoughts. Me, I'm 52 this year (separated from ex three years ago...