- Estate planning is much more detailed than simply making a Will. It involves organising your estate to ensure that your wealth is passed into the right hands in the most financially-efficient and tax-effective ways.
- What do you need to consider when assessing your estate planning needs?
- Do you have an effective, current Will?
- Do you have Enduring Powers of Attorney and Guardianship?
- Do you have beneficiaries with special needs?
- Will there be enough money to satisfy your family’s needs in the future?
- Have you considered any tax or other implications of your estate planning arrangements?
- These are just some of the issues Australians are faced with every day when considering their estate planning needs. If you answered No to any of these questions, you should contact a financial planner for advice on developing your own estate plan that works for you and your family.
https://moneysmart.gov.au/wills-and-powers-of-attorney
