Estate Planning
Estate planning is simply, WHO ? (who gets what), WHEN ? (when do they receive the assets) & HOW ? (how is the best way to transfer assets in a tax friendly manner).
A structured estate plan allows you to plan for yourself and your loved ones without giving up control of your affairs. Your estate plan should allow you to plan for the possibility of your own disability. It should distribute your assets to whom you want, the way you want, and when you want. Your estate plan should be structured so that assets can be passed to your beneficiaries with a minimum of tax and cost.
Areas that we work with clients include: - Reviewing the appropriateness of considering testamentary trusts and superannuation pensions for the distribution of assets to dependents
- Will reviews and completion/updating (via existing legal advisers or Aspect joint venture partners)
- Powers of attorney for ongoing financial decision making and security
- Business succession issues including transferring of assets upon death or sickness
And what can this achieve for you?
- Piece of mind knowing your assets will be distributed as per your wishes
- Reduction of unnecessary costs and potential taxes upon death
- Reduction of serious business risks where there is more than one business partner/owner
General Advice Warning:� The contents of this website are of a general nature only and have not been prepared to take into account any particular investor's objectives, financial situation or particular needs. Where this publication refers to a particular financial product then you should obtain a Product Disclosure Statement (PDS) relating to that product and consider the PDS before making any decision about whether to acquire the product. We also recommend that you should seek professional advice from our financial advisers before making any decision to purchase any financial product referred to on this website. While the sources for the material are considered reliable, responsibility is not accepted for any inaccuracies, errors or omissions.
�
Focused Life Solutions Pty Ltd� ACN 114 698 154� Authorised Representative of Australian Finance Group Financial Planning Pty Ltd� (ABN 74 099 027 526) Australian Financial Services Licensee No. 247105