Helping You Become Financially Well Organised
The Simple Guide to Living a Financially Organised Life
Prepare Your ESTATE PLAN
No one likes to talk about death but estate planning is an important part of being financially well organised. An estate plan is not just about having a will, it also includes setting out your wishes should you be unable to make decisions about your assets or your health. Estate planning can be quite a complex area and it is recommended that you seek professional advice to assist you with developing an effective plan. This can significantly reduce the stress on family and ensures that your wishes are followed.
When preparing your estate plan, there are a number of issues you need to consider such as:
- Do you have a will that will distribute your assets to your beneficiaries in the most effective way?
- Do you have documents that clearly outline your medical and lifestyle choices in the event that you unable to make your own decisions?
- Are your superannuation fund death benefit nominations up to date?
- Have you ensured that all your relevant estate documents such as your will, power of attorney and advance health care directive can be found easily?
- Do you review your estate planning arrangements at least every 2 years?
Get Yourself Financially Organised Today!
_____________________________________________
