Insurance

Our lifestyle is a very important factor in our everyday existence and at times it is an aspect that some of us take for granted until an incident occurs that compromises how we live.

This may be a result of an unforeseeable accident that reduces our financial earning capacity or worse still claims the life of a loved one. While it can be painful to consider the unsavory possibilities it is also smart thinking protecting your future and that of those that you care about most.

Life and income protection insurance ensures that you and your family's quality of life remains the same no matter what the circumstances.

Estate Planning

For most people, looking after the family is a priority, particularly in the event of their death. It is very unlikely that a person or couple with significant assets, who has reached retirement or for some much earlier, has not adequately planned for the passing of their estate upon their and their spouse's death. Certainly those families with good advisers - both legal and financial, generally have their estate planning wishes solidified in a strong plan early in the wealth accumulation phase of their lives.

One of the aims of estate planning is to deliver on the promise of looking after a client's family, while minimising any future legal disputation. Legal disputes are common for many families, particularly in contesting wills or, where there is not a will, disputing over who gets what.

Estate planning is the process of planning and documenting wishes for the distribution of all assets owned and controlled at death. The preparation of a will and in recent times a SMSF Will is an essential part of the estate planning process.

Some questions for you should consider:

1. Where are your current assets held? i.e. Trust, superannuation, company joint names etc.
2. What will happen to these assets upon your death?
3. What are the tax ramifications?
4. Do you wish to pass on lump sums or income streams?
5. What would happen to you funds if your spouse remarries?
6. Is there a chance that your will be contested.
7. What would happen if you lost capacity?

It is essential that you receive professional financial and legal advice and we invite you to contact us today.