One of the sleeper impacts of changes to the superannuation system is the affect on estate plans.
Having an appropriate financial plan in place covers more than just investments and insurance. The same goes for a financial adviser – there are some you will just click with.
Here we provide some ideas on finding one that you feel comfortable with, who can help you improve your financial future.
Often, many of us are disorganised when it comes to the matters of what to do when we die. The death of a person is an emotional time for everyone involved – and a time when those people do not need the added stress or confusion in sorting out the deceased’s affairs.
Your role as an Executor of someone’s Will is an important and responsible one. You owe a duty of care to the deceased’s estate and the beneficiaries so it is important to fully understand your responsibilities.
Often the last thing on our minds when planning our Estate is considering the tax effectiveness of our wishes. However, as this example explains, it can be costly not to.