Thorough estate planning involves putting in place strategies that address all aspects of your situation. Often, we assume this simply involves making it clear in a will who we would like to inherit assets if we pass away. However, while a will can help ensure your estate is distributed according to your wishes, it may not be effective in dealing with a significant portion of your wealth. For example, the proceeds from superannuation funds and life insurance policies don’t automatically form part of your estate, which means that addressing these in your will may be ineffective unless you take some important additional steps.
A well-prepared and executed estate plan can ensure the right assets go to the right people at the right time, in an efficient and tax-effective manner. It can also ensure that if you’re unable to make important financial and lifestyle decisions for yourself, the right person is able to step in on your behalf.
We seek to identify the issues and risks and put in place strategies to address your Estate Planning needs, we can then arrange for you to consult with an appropriately qualified estate planning expert to implement your Estate Planning documentation.
