You've worked so hard to earn the assets you're proud of. The family home, cars, jewellery, antiques and perhaps even a holiday home. And if you're like most Australians, you plan to let these valuables pass down the family tree once your time comes.
But have you gone as far as setting out an estate plan? If you don't have one in place, you could be causing your family distress in dividing up assets after you pass.
Map out an estate plan, and you can continue life knowing those near and dear will live on with your assets – daily reminders of your life's hard work, and finances that will help them once you are no longer there.
“I'm not even over the hill yet!”, you might be thinking. Whether you're young and thriving, or heading towards retirement age, there's no knowing what's around the corner. An important reason not to put off your estate plan. With your life assets and loved ones at stake, there really is no time like the present.
We're here to help
Our friendly MyState Wealth Management Financial Planners are on board to help you navigate your estate plan, starting from scratch or working from ideas you've already formed.
Drawing on the expertise of Tasmanian Perpetual Trustees’ professional Estate Planners, they'll cover:
- How to structure the ownership of your assets, ensuring your estate plan wishes are carried out at minimal cost to your beneficiaries.
- How to deal with superannuation, life insurance, business or trust assets that may not form part of your estate and or be able to be disposed of by your will.
- Whether gifting assets during your life is beneficial to you and your family.
- Tax implications and strategies to ensure your beneficiaries get the most out of the gifts you leave them.
Enjoy even more support
Our relationship with Tasmanian Perpetual Trustees – who have been advising Tasmanians on Wills and Estate Planning since 1887 – means our Financial Planners' advice on estate planning has never been stronger, or more trusted.
Let the experts at MyState help you make sure the assets you've worked so hard to earn are passed on to the next generation.