DELIVERING YOU PEACE OF MIND
Planning your estate now means that after your death, you can effectively distribute your assets according to your wishes, and with minimal delay, cost and tax penalties. While nothing can reduce the emotional stress and hardship, you will guarantee less worry for your loved ones in understanding the financial outcomes.
A good approach is to implement your estate plan and over time adjust it to your needs so your ongoing dependents understand the financial implications.
There are many issues to consider, such as:
- Who will be your executor?
- Do you need to appoint guardians for the kids?
- Do you know who you are obliged to leave money to?
- What debts are you leaving behind for loved ones to deal with? How do you want that handled?
- Your super does not automatically become part of your estate – who could receive your super?
- Do you want your kids to receive a lump sum of money at an age when they may not be able to manage it?
Through our long term relationship with our Estate Planning solicitor, we can help ensure your Estate Plan provides the best possible outcome for your family.