Estate planning in Australia (Infographics)
Estate planning in Australia (Infographics) some interesting stats around Estate Planning in Australia. Learn more.
Why you should see a lawyer about your estate planning
Most of us would rather be thinking about how to make or spend our money, rather than what will happen to it after we die.
Estate planning and superannuation
Superannuation is a critical pillar of Australia’s retirement income system. The Treasury Department considers that by 2018 it will be the most critical – estimating that age retirement benefits will exceed age pension outlays. Whether superannuation is held through a self managed fund, an industry fund or a retail fund, it is a critical part of a family’s wealth – monies invested in superannuation are today worth about $1.5 trillion, roughly the same as our GDP, with that number exponentially increasing.
Binding Death Benefit Nominations – the importance of getting it right
The Supreme Court of Queensland has again highlighted the importance of taking care when drafting binding death benefit nominations for superannuation funds.
It is time to review your estate plan
Plan for this world as if you expect to live forever; but plan for the hereafter as if you expect to die tomorrow. – Solomon Ibn Gabriol
Estate planning is critical for anyone who has a family and anyone who has assets. The estate planning process ensures that in the event of death or incapacity, decisions are made by the people that you have chosen, and assets are dealt with in the manner you decide.
