Getting your estate planning up-to-date. Part 2: Who gets what?
In this article we cover the important questions you need to answer to put in place an effective Will, namely: why should you make a Will, who gets what, how do you fairly divide your assets if you are in a ‘blended family, and who you will need to involve in your estate plan? Time to act!
Our answers to your top 5 questions about Private Ancillary Funds
Do you want to be more strategic in your charitable giving, make a real impact on the community and create a lasting legacy as part of your family’s story? Private Ancillary Funds (PAFs) can be a great option to achieve these goals. To help you decided whether PAF is right for you, we’ve pulled together our answers to 5 questions we are frequently asked by those considering establishing a PAF.
How to direct particular super assets to particular beneficiaries
A key benefit of having your super in a SMSF is that you can choose who ultimately benefits from particular assets within your fund when you die.
‘UPEs’ and ‘FMDs’, and your estate planning
What is, and what is not, in your personal estate? This may sound like a academic question not worthy of a lot of thought. However, if you are in estate planning mode, it is critical that you answer this question correctly.
Digital assets after death: The Wild West
The digital realm is truly the ‘Wild West’ when it comes to management and realisation after death.
Preparing for your ‘digital afterlife’: our 5-step approach
What would happen if you lost mental capacity or died? While your physical life may be well provided for, chances are your digital life and digital wealth is seriously at risk.
How does divorce or separation affect your Will in South Australia?
Unlike divorce, marriage separation does not have an effect on your Will. For this reason, the period of separation that occurs prior to divorce is possibly one of the most important times to ensure your Will reflects your changed circumstances.
Why you must keep your estate planning up-to-date
We are often asked how much damage outdated estate planning documents can do. The answer is clear: a lot.
How effective is your Enduring Power of Attorney? You may be surprised…
Most people understand the importance of making an Enduring Power of Attorney. If you are not able to make financial decisions for yourself, your Enduring Attorney can step into your shoes and keep things in order on your behalf. However, not all Enduring Powers of Attorney are created equal.
Why use a testamentary trust in your Will?
Take greater control over your Estate by incorporating “testamentary trusts” within your Will – and your family will benefit for generations.