Estate PLANNING
Suitable estate planning is an essential part of securing your family’s financial future. Many Australians unfortunately leave their family without a plan in place, which can create unnecessary stress, tension and sometimes even litigation between loved ones.
WHAT IS ESTATE PLANNING? Estate Planning is the practice of considering both assets owned and controlled by yourself to ensure they all flow in the way you want. Estate Planning is appropriate for everyone. It isn’t just for the retired or wealthy like most think. Nobody can predict how long they will live.
WILL VS. ESTATE PLAN Your estate is considered to be everything under your own name, and your will is the document which details how you would like this to be left. However, assets which are not held in your own name are not covered by your will. For example, your superannuation balance or assets held in companies or trusts are not covered by your will. Speaking to our network of financial advisers will help you ensure everything you want to happen is taken care of into the future.
NAMING YOUR BENEFICIARIES No family tree is easy to follow, the dynamic can be complex. Fortunately our networking of planners are experienced in helping people navigate towards a decision on naming their beneficiaries. Organised estate planning protects your estate against any complexities after your death posed by acrimonious family members or business stakeholders.