Estate Planning involves more than just having a documented will. It ensures your wealth and legacy is passed on to others according to your wishes and your estate is properly managed either after your passing or if you can’t continue to manage it yourself.
Passing control of your assets to your intended beneficiaries on death is a critical concern for many Australians. There are many issues that should be considered when formulating an estate plan, such as tax effective strategies for beneficiaries and protecting your assets from legal disputes.
A good estate plan can provide you with peace of mind and help avoid potential complications for your beneficiaries. It’s wise to seek professional legal advice in relation to estate planning in light of your personal circumstances. We work in conjunction with trusted specialists that will help you establish, interpret and understand the tax implications of vital documents such as your will, power of attorney, guardianship and/or testamentary trust.
Estate planning requires consideration of both estate and non-estate assets.
Estate planning is a complex yet vital part of your comprehensive financial plan. To secure your wealth now and into the future, contact us today.