Estate planning is important now
Death is not something we like to think about, but a bit of pre-planning can save a lot of heartache for those we leave behind. What control do you have over your assets when you pass? It’s an interesting thought that most people don’t like to dwell on, however, with more wealth being created through superannuation funds, it’s a thought that will require action at some stage – and the sooner the better.
It is often said that death is final. However, a grieving family knows only too well that the death of a loved one can trigger events that may drag on for years afterwards, especially when it comes to sorting out the estate of the deceased person. Outlined below are some suggestions that may help reduce the burden on those you leave behind.
- A Will
- An Advanced Health Directive
- Powers of Attorney
- Enduring Powers of Attorney
- Guardianship of children
- Nominations of beneficiary
- Instructions not covered by an estate
Making It Easy
The list above covers a lot of the most important things to consider, however, professional advice should be sought to tailor your estate planning arrangements to your unique individual circumstances. If your family situation changes, be sure to seek professional advice to update your estate plan accordingly. Then you can get on with living your life.
RJS Wealth Management Advisers can help ensure your estate passes to your chosen beneficiaries by identifying potential issues which could adversely impact your desired distribution. The Planning team works with a range of estate planning professionals to ensure your wishes are actioned appropriately.
Call us today to make an appointment with a planning expert to discuss your Estate Planning needs.
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