Estate planning provides you with peace of mind that your affairs will be in order if you become incapacitated or die unexpectedly.

The components of an estate plan will vary according to your personal circumstances.  But every estate plan has the same aim: to ensure your wealth is managed and transferred according to your wishes in the most financially efficient and tax efficient way.

Why do you need estate planning?

• You are able to provide for and protect loved ones with special needs, including young children
• You can ensure that your children’s inheritance receives enhanced protection from creditors and relationship breakdown
• You will receive professional advice on how to structure your assets to gain taxation advantages
• Your wishes are recorded in legally valid and binding documents, free from ambiguity
• You have peace of mind knowing that your affairs will be managed should you have an accident or suffer from an illness or incapacity, by someone you trust and have chosen to perform this role.

Preparing
The law of each Australian State compels us to make adequate financial provision for our dependants if we die.  For example, dying without a legally valid Will can be costly and create added stress for loved ones at what is already a difficult time.

Certain life events, such as marriage, divorce or the birth of a child, can also trigger the need for estate planning advice or a review of your existing estate plan.   An Australian Executor Trustees Estate Planning Specialist can assist you in preparing your estate plan. 

For more information contact your financial adviser or call us today on 1800 882 218.