An Estate Plan includes your Will as well as other directions on how you want your assets distributed after your death. It also includes directions on how you will be cared for medically and financially should you become unable to make your own decisions in the future.
Outside of a Will, an Estate Plan often includes a Superannuation Death Nominations, Testamentary Trust, Powers of Attorney, Power of Guardianship and Anticipatory Direction.
Estate Planning is part of protecting your wealth that you build over your lifetime, giving you control to make sure that your family and people you care about are looked after once you are gone and that your assets are passed on to those you want to receive them.
A good Estate Plan minimises tax paid by your heirs and helps avoid any family altercations.
Contact the Option Legal team to help you plan the distribution of your estate the way you want it to.