FROM SMSF TO BLOODLINE WEALTH PROTECTION: A GRANDFATHER’S FINAL WISH FOR HIS GRANDSON

Part One

Note: The first draft of this three part article was written with my latest AI tool – the SMSF Strategist which is a closed ended training model built on ALL my books, writings and videos plus the legislation, regulations and ATO guidelines and rulings. To be released shortly for blogs, emails, second reviews, letters of advice and SMSF strategies.

1.     Introduction: A Grandfather’s Last Stand

John Hamilton, an 82-year-old retiree from Melbourne, is facing the fight of his life. Not against cancer—though the doctors have given him less than a year to live—but against a system that could strip his grandson, Liam of his rightful inheritance. His superannuation fund, built over decades of hard work, stands at $1 million and John has promised it all to Liam.

But there’s a problem. His two adult children, Ben and Sandra want it all despite, according to John’s words – “being hopeless with money”.

Backstory: Ben, once a promising lawyer, spiralled into a gambling addiction, burning through his father’s generosity over the years. Sandra, struggling with bipolar disorder, has been in and out of psychiatric facilities. Both have been financial leeches, draining John dry for decades and he wants no more of it.

In contrast John’s grandson, Liam, is a different story. At just 14 years old, he is the one bright spot in John's life. Intelligent, kind, and ambitious, he has been living with his mother (John’s daughter-in-law, Kate) ever since Ben abandoned them. John has been quietly paying for Liam’s private school fees ($1,500 per month) to ensure he gets the best education possible.

Now, as the final curtain closes, John wants only one thing: to ensure that every dollar of his SMSF wealth goes to Liam—not his children. They are to get nothing from his super and can fight for his Melbourne home valued at $2M. He found out they already have hired no win – no fee lawyers anticipating his death.

The SMSF Strategist at your Service

What is your advice to John on how to look after Liam? Can you come up with five strategies like the AI SMSF Strategist did?