The aim of most clients when planning their estate arrangements is to avoid the risk of family disputes; to treat children (if any) equally or fairly; to ensure that the inheritance is received at the appropriate time and in the appropriate manner; to transfer their wealth in the most tax effective manner; and to avoid the risk of inheritances being lost to creditors or predators.
Help make it as painless as possible
The Will is but one part of estate planning. Consideration also has to be given to non-estate wealth, such as trusts, superannuation, advancements and other benefits received from outside of the estate.
Madgwicks’ Estate Planning team can assist you with all your estate planning needs including the preparation of appropriate wills (including testamentary discretionary, mandatory, charitable, special disability and protective trusts), enduring powers of attorney, medical powers of attorney, and superannuation death benefit nominations. As well as reviewing family trust deeds and business succession arrangements.
Our Estate Planning team works closely with our Taxation team to ensure your family’s inheritance is as tax effective as possible and protected against third party claims and creditors. Contact us to find out more about how we can assist you.