When it comes to your estate, how easy will it be to tie up when you’re no longer around? Estate planning is a comprehensive process that includes not just the creation of a Will, but also covers other elements such as trusts, powers of attorney, living wills, and strategies for tax planning and asset protection. Overall, estate planning ensures that your Will is executable when you pass away, and that there are sufficient funds available to wind up your estate.
Here’s why should consider using our estate planning services:
Tax efficiency:
Minimise the amount of estate duty and other taxes that may need to be paid when your estate is wound up.
Protect your assets:
Ensure that your assets are protected and transferred according to your Will, which can help safeguard them from creditors.
Financial security:
Ensure the financial security of your beneficiaries, so you can provide for their needs once you’re no longer here and manage how and when they receive their inheritance. This also includes making provision for the financial wellbeing of minor children according to your wishes.
Avoid disputes:
Drawing up a Will and planning how your assets will be distributed means you can minimise or prevent conflict among your loved ones when it comes to winding up your estate. Instead, there are clear instructions about how your wishes are to be fulfilled in terms of who inherits your estate and how.
Charitable giving:
Ensure that your legacy continues by continuing to support charitable causes that are important to you.
Healthcare decisions:
Through documents such as a living Will, you can make your preferences clear when it comes to your health and wellbeing and appoint someone to make medical decisions on your behalf if you’re no longer able to do so.
By planning your estate properly while you’re still alive, you can reduce the emotional and financial burden on your loved ones once you’re no longer here.
