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Estate Planning
Personal estate planning is not only about having a Will. Estate planning involves all the assets a client owns or controls - including assets not covered in a person's Will.
Simply put, estate planning involves that on a person's death, the appropriate assets go where that person wants them to go, when they intended them to get there.
Therefore, a good estate plan aims to make sure that, on a client's death:
- There are sufficient assets available to meet the client's wishes; and
- That transfer of ownership and/or control of those assets pass to the appropriate person or entity; and
- that ownership and/or control passes at the right time.
In conjunction with a good estate plan, there may be other considerations including:
- Planning for future life, including Powers of Attorney and Appointments of Enduring Guardian.
- Advising on and setting up special-purpose trusts.
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