The loss of a loved one is an emotional and stressful experience. Adding undue financial pressure at this time can be avoided. Distribution of your wealth is just as important as creating it. Ideally it should be done as tax effectively, simply and efficiently as possible.

At WealthMarc we understand that estate planning is not only fundamental to looking after your affairs and your family, it can be a difficult and emotional process.

An effective estate plan should make clear in absolute terms your personal wishes and can help make your death easier on those you love by leaving no room for confusion or conflict.

Spending some time now can help prevent family disputes and costly legal battles.

However, Estate Planning is not all about managing your affairs death. Often life dishes up unexpected events and health issues. Dealing with these can be simplified with the appropriate advice. You may wish to entrust friend or family member to act on your behalf if you are unable to deal with your financial affairs or the ability to make health care decisions on your behalf when you are unable to do so yourself.

Some of the questions we encourage that you ask yourself include:

• Is my Will up to date? Will my assets go to our preferred people?
• Are there things I can do now to avoid conflict when I'm gone?
• What would happen if I fall ill before I pass away? Who would manage my financial affairs?
• Do my family know how to manage the money and assets that I will pass onto them?
• Is a Power of Attorney required and if so who should be appointed to that role?
• Are there other structures I should think about to help protect my assets: should I consider establishing a discretionary trust?

Estate planning should be a consideration if you:

• Have people financially dependent on you (eg spouse, children)
• Have assets and or debt
• Are married, divorced or have blended families
• Have life insurances
• Where you may want to leave assets to charity
• Have beneficiaries with special needs (eg disabilities, bankruptcy etc)
• Own your own business

How can we help?


We can assist you to address your Estate Planning needs by:

• Consolidating investments onto one platform
• Reducing tax through superannuation or other tax effective structures
• Arrange the drafting of a Will and Power of Attorney (PoA)

• Referring you to specialists where required

If you would like to discuss or find out more about WealthMarc's Estate Planning Solutions feel free to contact us directly on (02) 9880 8942 or email info@wealthmarc.com.au