Many Australians spend most of their working lives building retirement savings. However, they often fail to plan for what happens to this money when they pass away.
You have worked hard and no doubt, you are hoping that your wealth will outlast you and there will be something left to pass on to the loved ones you leave behind. While it seems simple enough, like all financial matters it requires careful planning.
A Will is a good starting point, but there are other ways you can ensure that your wishes are carried out and your estate ends up where it belongs. Wills, Binding Death Benefit Nominations, Testamentary Discretionary Trusts and other trusts can all be used depending on your personal circumstances and what you are trying to achieve.
You should also consider putting in place an Enduring Power of Attorney to ensure that financial and medical decisions will be made by people you trust if you were incapacitated.
Ring us to arrange to have your Will or Power of Attorney completed.