A will is important—but it may not control your superannuation, trusts, jointly owned property or business interests. Discover why Australian families need a coordinated estate plan to protect their intentions, reduce uncertainty and transfer wealth successfully.

A growing business can generate impressive income without necessarily creating lasting wealth. For business owners, the real measure of success is not simply revenue or profit, but whether today’s effort is building an asset that can create value without them at the centre of it. We explore the shift from income to enterprise value — and why converting business success into personal capital, resilience and choice is one of the most important financial strategies an owner can make.

A strong income or growing portfolio does not automatically translate into financial clarity, confidence or long-term security. In fact, as wealth grows, financial life often becomes more complex rather than simpler.

True wealth is not simply the accumulation of assets. It is the ability to make deliberate decisions about how financial resources support the life you want to live — both now and in the future.

At Schuh Wealth, we believe wealth must be structured, not accumulated randomly. This belief underpins the ongoing work we do with clients — a disciplined framework for organising wealth in a way that supports both financial independence and a meaningful life. Conceptually, there are three broad dimensions to wealth accumulation over time.

What are some signs of early, but undiagnosed memory issues? Medicine and money are probably two of the most obvious. Unfortunately, they can be lagging indicators because they may not be immediately apparent in real time.

It’s hard to go a week without hearing about a new scam on the news, but if we’re lucky we don’t usually encounter one ourselves. Recently that changed, as one of our staff members experienced a close call with his credit card.

Usually this question means estate planning, wills, funeral costs and wishes etc. But there can be one important thing that’s overlooked. A catalogue of information including all the accounts, all the passwords, subscriptions and pin codes. How everything is paid for. How are quirks or emergency issues are dealt with around your house?

Charts are a staple of finance and investing. You can tell a lot of different stories with a chart. One of the longtime favourite charts of (some) financial advisers has been the “if you missed the best days chart”.

Generational wealth involves passing down assets like cash, property, businesses, and other valuables to the next generation. Done right, it ensures financial security and opens doors for your children, grandchildren and successors. But it’s not without its pitfalls. Generational wealth can perpetuate inequalities, sap motivation, and spark family conflicts.

Q2 2024 was a more subdued quarter than some seen recently, with flat to negative returns in many asset classes. Global markets saw small gains with artificial intelligence again providing a strong lead, although a strengthening Australian dollar clipped returns for unhedged investors.

What can we learn right now from the USA? Ignore the huff and puff in the media. The US President remains just one variable in a constantly changing world. America will survive another presidential election.

We’re almost there for another year, but here are a few things to remember before the 30th of June.

A few years back, entrepreneurial guru Tim Ferriss, had the author and documentary maker Sebastian Junger on his podcast. Junger, who has taken plenty of risks in his career, including spending substantial amounts of time embedded with US soldiers in Afghanistan, was asked by Ferris what advice a 70-year-old Junger would offer to his current self. This is what he said.