Estate Planning
You’ve spent your life building your assets for your family’s future, now its time to ensure your assets go to your intended loved ones and not to the government or other unintended beneficiaries. Estate planning ensures you enjoy the benefits of your assets now and provides for your beneficiaries effectively.
We have worked with solicitors to ensure our client’s taxation and business matters are considered when drafting their wills including determining intended beneficiaries, reviewing issues, restructuring if necessary and valuing the business.
We have always encouraged clients to regularly review their wills. This is particularly important when your personal circumstances change; for example after marriage, divorce, children and retirement.
Like most professions there are often specialities within that profession. The drafting of a properly constructed will is one within the legal profession. The consequences of a poorly drafted will can be catastrophic including missing out on tax concessions or leading to family disputes.
Benefits of estate planning
Estate planning is beneficial to:
- provide for your family and also relatives that are in need
- ensure your beneficiaries receive your assets promptly
- ensuring your business continues efficiently
- easing your family strain by making your funeral arrangements
- reduce the costs of disposing of your estate
- reduce the tax impact on your beneficiaries
- make your retirement more comfortable
- helping your favourite cause
How can we assist?
The partners of Allworths have specialised knowledge in this area. Our rural experience also means we are aware of the difficulties in succession planning for primary producers
We can work with your existing solicitor or recommend one to ensure your estate eventually ends up where you want it to go, and that tax effective options are explained to you.
Working with specialised legal practitioners we can assist you with your estate planning needs.
Contact us today to discuss your estate planning requirements.
Our Alliances
 |
 |