Estate planning
It’s important to take care when planning your estate to ensure:
- you have sufficient assets available to meet your wishes when you die
- ownership of those assets is given to the appropriate person or entity
- control of those assets passes to a beneficiary at the right time.
Without the appropriate comprehensive advice, you or your family may be subject to financial stress due to insufficient assets to repay debts, taxation implications, delays or challenges between beneficiaries.
We recommend you consult a financial adviser who can help you with estate planning, including:
- your will and appointing an executor (in conjunction with legal advice)
- nomination of beneficiary for your superannuation
- Powers of Attorney (in conjunction with legal advice)
- appropriate insurance to protect your assets and provide for your family.