No matter what your age, if you are over 18 it is important to have your Will and estate plan up to date and sorted.
Planning for the future can be daunting but it is the best course of action to make sure you protect the interests of your loved ones. With more than 50 years’ experience across Thynne + Macartney’s Wills + Estates team, we understand that every client’s circumstances are unique and we will work with you to find the best options for securing your assets and your future wishes.
To help you get started, download our free Estate Planning e-Book.
What does our Estate Planning e-Book cover?
1. Making your Will
A Will ensures that your estate will pass to your intended beneficiaries. It is inadvisable to try to write your own Will unless you have the necessary legal training to do so. Drafting your own Will can give rise to disputes which require court proceedings to resolve.
2. Letter of wishes
A letter of wishes is not a legally binding document. It lets you express wishes or preferences on issues which are important to you, to guide your executors and trustees in the administration and distribution of your estate.
3. Testamentary trusts
A testamentary trust is a trust established by your Will and therefore does not come into effect until after your death. A properly documented testamentary trust can be an effective estate planning tool.
4. Enduring Power of Attorney (EPA)
By making an Enduring Power of Attorney (EPA), you can appoint people of your choice to look after your affairs in certain circumstances including where you lose the capacity to make decisions for yourself.
5. Advance Health Directive (AHD)
An Advance Health Directive (AHD) records your wishes and makes directions regarding your future health care if you lose the capacity to make decisions for yourself.
6. Superannuation payments
A payment made from your superannuation fund after your death is called a “death benefit”. The payment of death benefits is determined by applicable legislation and the rules of the fund – not necessarily by your Will.
7. Safekeeping of documents
It does not end at creating and/or updating your Will and estate plan. To ensure your loved ones are taken care of, you need to make sure these documents are safeguarded.
8. Estate planning checklist
We’ve put together an estate planning checklist for you. By providing us with this completed checklist together with the information requested, you will be assisting us to streamline your estate planning process and minimise costs.
About our Wills + Estates group
We understand that every client’s circumstances are unique and we will work with you to find the best options for securing your assets and your future wishes.
Offering the choice of in-person (whether in our office, at your home or place of business) or an online service for your estate planning, when it is time to take care of the future of your loved ones, we’re with you.