Estate planning is the process of arranging your affairs now to ensure there is an efficient and tax effective distribution of your estate after your death.

Establishing a Will is the most basic of estate planning strategies. A professionally drafted Will should ensure your estate is distributed to your beneficiaries in accordance with your wishes. In your Will you are able to:

• Make gifts of assets or money that form part of your estate (but be careful, because some of your assets such as superannuation may not form part of your estate)
• Establish trusts for the ongoing management of your assets for your beneficiaries
• Appoint an executor and trustee
• Appoint guardians (for example, to look after your minor children).

There are also other important aspects to effective estate planning which we are able to help guide you through to ensure your estate is distributed as per your wishes.

We can also help you to properly fund your estate and show you strategies which can save tax for your beneficiaries and minimise the chance of your Will being challenged. We can also advise you on how to protect your estate from being eroded by your beneficiaries being subject to litigation, bankruptcy or divorce.