Our Services
Estate Planning
Estate planning is often misunderstood as simply writing a will, but it involves much more.
Estate Planning
Anyone with an income or assets should consider some level of estate planning to ensure their wishes are carried out.
More than Just a Will
While a will helps express your wishes, it may not cover all aspects of your estate. Without one, important decisions (like asset distribution and guardianship of dependents) could be made by others, leading to delays and outcomes that might not align with your intentions.
Estate Planning for Different Life Stages
At any age, you may have specific wishes for how your assets are divided in the event of something unexpected. As your life changes—such as starting a family, accumulating more assets, or going through a divorce—your estate planning needs may become more complex and require a review to ensure your wishes are up to date.
Power of Attorney (PoA)
A Power of Attorney allows someone to make important decisions on your behalf if you are unable to do so. There are different types of PoA, each designed to serve a specific purpose, whether related to financial matters, legal decisions, or health care. Understanding these distinctions is essential to ensure that your affairs are managed according to your wishes during times of illness or incapacity. Having the right PoA in place is a key component of your estate planning.
Superannuation and Life Insurance
Superannuation and life insurance are significant assets, but their distribution is not always covered by your will. Superannuation death benefits, for example, are paid to dependents or your estate, depending on the rules of your super fund. Understanding tax implications and ensuring your beneficiaries are properly nominated can help avoid complications. Proper planning ensures these assets are distributed according to your wishes and not left to fund trustee discretion.