Investing For Doctors Podcast
Welcome to the Investing For Doctors podcast. Here we talk about personal finances, investing, wealth creation, accounting, and personal development that will aid you in your life journey as a doctor.
Please note that the information provided in this podcast is for educational and entertainment purposes only. The content should not be considered as financial advice and your personal situations have not been taken into account. Before making any financial decisions, we strongly recommend consulting with the relevant professional(s).
Investing For Doctors Podcast
The Do’s and Don’ts of Investment Structuring for Doctors | Ep. 12
Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors
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In this episode, join me, Dr Bi Mian, and Munzurul Khan, a seasoned Chartered Accountant with over 30 years of expertise in property investment, healthcare accounting, and leadership across Australia's top boards.
Munzurul shares why structuring is the cornerstone of asset protection and tax planning, the pros and cons of popular structures like trusts, partnerships, and corporate entities, and how to optimise structures for different life stages.
He also discusses the intricacies of family trusts and how they empower generational wealth planning, the common pitfalls in structuring and how to avoid them, and the practical strategies for tailoring structures to your unique financial goals.
If you want to protect your wealth, optimise your taxes, and set up a financial framework for long-term success, then make sure to listen to this episode!
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SHOW NOTES LINKS
https://ifdgroup.com.au/
https://doctorbi.com.au/
https://au.linkedin.com/in/mian-bi
https://khipartners.com.au/
https://au.linkedin.com/in/munzurul-khan-7ba6a318
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LISTEN TO THE PODCAST
Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN
Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608
Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast
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FIND US HERE
Website: https://ifdgroup.com.au/
Facebook Group: https://www.facebook.com/groups/investingfordoctors
Facebook Page: https://www.facebook.com/investingfordoctors
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TIME STAMPS
00:00 Intro
01:42 Why Do We Structure?
03:48 Natural Person Structure
06:10 Asset Protection
08:12 Joint Venture / Partnership
12:37 Unit Trust
15:36 Discretionary Trust
24:08 2 Kinds of Trustee
26:58 Company / Corporate Trust
31:05 Retain Profits
32:11 Common Structure
34:14 Capital Gains Tax Will Not Be a Problem
35:59 It’s a Living Plan
38:13 Conclusion
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
