Caring for the next generation starts now. Helping your children into their first home, funding education, and gifting to the grandchildren. This extends to making sure the wealth you've built is protected, structured, and transferred exactly as you intend.
Caring for the next generation isn't just about what happens when you're gone — it's about what you do while you're here.
Helping your children into their first home, funding private school or university without compromising your own retirement or gifting to the grandchildren in a way that's tax effective.
It's also about making sure the structures are right: wills that reflect your current wishes, binding super nominations that actually hold up, testamentary trusts that protect an inheritance from divorce or poor decisions, and powers of attorney that mean your family isn't scrambling if something happens unexpectedly.
Most people defer this because the conversation feels uncomfortable. We make it clear, practical, and far less confronting than you expect.
Sound familiar?
These are the problems we solve every day
Want to help your kids into their first home but not sure how much you can afford to give?
Haven't updated your will since your children were born — or don't have one at all?
Worried about what happens to your super if something happens to you tomorrow?
Planning to fund grandchildren's education but unsure how to do it without triggering tax or other issues?
Strategy
What our estate and legacy service includes
01
Early gifting and family support
Helping children into their first home, funding education, or contributing to your grandchildren's future. We'll structure these gifts so they're tax-effective and don't put your own retirement at risk.
02
Education funding
Private school and university costs are significant and rising. We'll model the full cost, explore savings vehicles and build a plan that makes education funding manageable without compromising your other goals.
03
Estate strategy coordination
We work with your solicitor to help build an estate plan that reflects your current wishes, protects your beneficiaries, and minimises unnecessary tax. We handle the financial strategy; they handle the legal execution.
04
Testamentary trusts
Protect inheritances from relationship breakdowns, creditors, and beneficiaries who aren't ready to manage large sums. Testamentary trusts can also deliver significant tax advantages for your beneficiaries.
05
Super death benefit planning
Binding nominations, reversionary pensions, and beneficiary structures. Super doesn't automatically form part of your estate — it needs specific planning to ensure it goes where you want.
Testimonials
We've helped Australians care for the next generation since 1986
“We have been with profile for nearly 20 years and have found them: 1 great with communications 2 great with advice which is to our advantage 3 great with keeping us informed on legislative changes”
Kenneth Ellis
“I have been a client of Profile since 2006 and appreciate their independent financial advise. I have had Kurt Ohlsen as my financial planner for about 15 years and have found him to be a knowledgeable and trustworthy advisor.”
Col Dunn
“"We have been with Profile Financial Services for many years and Scott Ungaro has been our Financial Advisor for much of this time. We have found Scott to be extremely helpful whenever we have needed his assistance. All work has been conducted in a timely and professional manner. We would highly recommend their services."”
Jennie Middleton
Learn
Frequently Asked Questions
Get to know more about us and how we can help you before you start a conversation.
What happens if I don't have a enduring power of attorney or enduring guardship?
If you lose the ability to make decisions without these arrangements in place, a family member or another concerned person may need to apply to the relevant court or tribunal to have someone appointed to manage your financial affairs or make personal and lifestyle decisions for you. The process varies between states and territories and can involve additional time, cost and stress. The person appointed may also not be the person you would have chosen. In NSW, these roles are generally called a financial manager and guardian.
What does a financial adviser do in Australia?
A financial adviser helps you make informed decisions about your money, including superannuation, investments, insurance, retirement planning, cash flow, tax-aware structuring, estate planning considerations and long-term wealth strategy.
In Australia, personal financial advice must be provided by an authorised adviser who is listed on the Financial Advisers Register. Advisers also need to meet conduct and disclosure obligations, including acting in the client’s best interests when providing personal advice.
When should I seek financial advice?
You should consider financial advice when your financial decisions become complex, high-value or long term. Common triggers include buying a home, starting a family, receiving an inheritance, changing jobs, receiving equity or bonuses, preparing for retirement, selling a business, managing tax, or deciding how to invest surplus income.
Good advice is not just about investments. It is about creating a clear plan, understanding trade-offs and making sure decisions across tax, super, insurance, debt and estate planning work together.
How do I choose a good financial adviser?
Look for an adviser who is properly licensed, transparent on fees, experienced with clients like you, and able to explain advice clearly. ASIC’s MoneySmart recommends checking an adviser’s qualifications, experience, fees, services and whether they have any links to product providers.
A good adviser should take time to understand your goals, explain alternatives, disclose costs and risks, and give you space to make informed decisions.
What should I expect from a financial advice process?
A strong advice process usually includes discovery, goal setting, strategy development, written recommendations, implementation and ongoing review.
For personal advice in Australia, clients may receive a Statement of Advice explaining the advice, the basis for the recommendations, relevant costs, benefits, risks and any conflicts or remuneration. ASIC guidance emphasises that advice should be clear, concise and effective.
How much does financial advice cost?
The cost depends on complexity. A simple advice engagement may be relatively contained, while comprehensive advice covering superannuation, investments, insurance, retirement modelling, tax structures and estate planning coordination may cost more.
Best practice is for fees to be clear upfront, agreed in writing and linked to the scope of advice. Clients should understand whether fees are fixed, hourly, ongoing, asset-based or a combination.
Get started
Start the conversation that matters most
Whether it's helping your family now or protecting your legacy for later — we'll guide you through it with clarity and care.
