Estate Planning information

Business Succession arrangements

 a planning opportunity for collaboration between your financial planner, your accountant and your lawyer Formulating Business Succession arrangements is an important process that should be undertaken by all business operators – whether the business operates as a sole trader, partnership, trust or a limited liability company. In a nutshell, business succession planning provides a strategy: it documents what is to happen in the event that the owners of the business [...]

By |2020-09-24T21:07:05+10:00May 10, 2018|Estate Planning, Wealth Management|0 Comments

Appointing an EPA

Appointing an EPA - what is that; and, when is one needed? Appointing an EPA is an important process that can save a lot of inconvenience and embarrassment during times of indisposition. An Enduring Power of Attorney (an EPA) is an important legal document that can be self-prepared - or preferably, be professionally prepared - to empower another person to make personal or financial decisions on behalf of the appointor. The appointee becomes attorney the appointor [...]

By |2021-08-15T11:54:31+10:00September 19, 2014|Estate Planning|0 Comments

Testamentary Trusts revisit

Why a Testamentary Trusts revisit? The testamentary trusts revisit is made for the benefit of clients and readers who have come to our site, without any prior awareness of the features and benefits of this estate planning tool. Whilst testamentary trusts are not suited to every estate plan, awareness about them ensures that as circumstances change, benefits that could optimise the value of an estate to the beneficiaries are not [...]

By |2020-08-12T21:16:39+10:00November 15, 2013|Estate Planning|0 Comments

Invalid Will negates Estate Planning

Some 'features' of an Invalid Will Estate plans negated by an Invalid Will cause untold family disruption and financial pressure on those left to tidy up after the deceased has passed. Wills have been found to be invalid for a number of reasons. The more common causes of the invalidity, include – Incorrectly signed/ witnessed (or in fact, unsigned);Witnessed by ‘inappropriate’ people; and‘incapacity’ on the part of the Testator. What [...]

By |2021-04-22T18:51:21+10:00September 20, 2013|Estate Planning|1 Comment

Estate administration service

Estate Administration service: what is that? Executors over deceased estates are often appointed in family Wills because of the trust held for them by the testator. Some find themselves ill-equipped to manage the various responsibilities that come with that appointment. Estate administration can be compared to the maintenance of a trust account in many respects, with record-keeping an important element of the process. Appointment as Executor of an Estate is, in many [...]

By |2020-12-10T16:19:23+10:00August 26, 2013|Estate Planning, Wealth Management|0 Comments
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