ESTATE PLANNING

Why Are Estate Planning Strategies So Important?

The main reason you need to plan your estate is to make sure your money and assets are inherited by the people you want to receive them. Another important reason is to make sure they attract as little tax as possible.

Your Will plays a large part, so you need to make sure it is up-to-date, and correctly reflects your wishes.

Even if you don’t have many assets, having a will can save your beneficiaries, family and friends a lot of trouble and heartache. Otherwise it could take months to sort out your affairs.

As Part Of Your Estate Plan, You’ll Need To Consider Some Of The Following Issues:
 

  • Ensure your will is up to date
     

  • Make sure you have adequate life insurance
     

  • Understand the tax consequences of how your assets are distributed
     

  • Implement a binding death benefit nomination on your superannuation
     

  • Put in place an enduring power of attorney
     

  • Create a business succession plan, if necessary

Put Your Family First With Effective Estate Planning Strategies
 

Abbott and Mourly provides comprehensive estate planning, tax strategies, business succession planning, charitable planning and wealth management services. This allows our clients and their families access to expert advice so that their long-term plans and goals can be realised.

  • Designing wealth protection and preservation strategies
     

  • Restructuring closely-held business entities
     

  • Structuring estate plans to ease the transmission of personal wealth
     

  • Administering estates and trusts
     

  • Litigating fiduciary issues and tax disputes before state and federal courts

Expert Services Include: