What does Estate Planning mean?
A Will is the only way for you to be certain that your Estate is passed to your loved ones after you die. It gives security to those who are close to you, to know that they will be taken care of. A Will allows you to appoint a person of your choice to be the Executor of your Estate. This Executor is tasked with administering your Estate in accordance with the terms of your Will.
Your Will can appoint guardians of your children under 18 years old and arrange for maintenance and education of any underage beneficiary.
If you die without a valid and current Will, your Estate will be distributed under the Administration Act, and not necessarily in accordance with your wishes.
Estate planning makes sure that the transfer of an Estate to another generation is done successfully so that the greatest amount of your Estate is passed on, minimising taxes and the involvement of the Courts.
If you do not have an effective Estate plan, you risk your Estate being depleted by taxes and costs, thereby minimising the amount that your beneficiaries ultimately receive.
At Butlers, our aim is to see every adult Australian with a current, tax-effective Will.
The Lawyers at Butlers know that sufficient Estate planning is necessary to meet the needs of those left behind, and that it is of the utmost importance to you that your Estate goes where you want it to go.
We are concerned that generally, Australians are not advised on the dangers of not having a current and effective Will.
Estate planning ensures that the passing on of your assets is as painless as possible, and we know how important it is to look into things such as:
• Family Trusts
• Self-Managed Superannuation
• Business Structures
• Your Spouse, Children and Grandchildren
• Whether you intend to leave someone out of your Will
Wills planning and Estate planning, as well as the Administration of Estates, are services that Butlers prides themselves in, providing quality advice on the handling of taxation, insurance, asset protection, business structures, personal liability, and discretionary trusts.
Do you have maximum protection for you, and your family?
Are you aware of the steps to protect family assets from claims and to ensure they're passed on in the way you want?
Is your current Will more than 5 years old?
Your Estate may be at risk.
Contact us to get your Estate planning handled properly. Wills planning and Estate planning will give you a better peace of mind and a more secure future for those close to you.