Looking after future generations may mean different things to different people. To some it may mean making sure their wealth is passed onto their children or to the rest of their family, while to others this may mean leaving behind a legacy and making a difference to the world in the form of a charitable donation. It can even mean that there is enough money left behind to help their children get a better education or deposit for their own home.
Whatever the case may be, having an estate plan in place gives you control over who inherits your assets and provides you with peace of mind that your family is taken care of if you pass away.
This states who will inherit your assets when you pass away.
Power of Attorney
Gives an individual the authority to make legally binding decisions on your behalf.
Enduring Power of Guardianship
Gives a person the ability to make medical decisions if you are unable to do so because you are mentally or physically unable to do so.
Binding Death Nominations
Direction given to a Trustee that sets out the persons you wish to receive your benefit in the event of death.
We will work together with an estate planning lawyer to make sure that your wishes in the end are carried out as you intended. We do this by helping you put together a Will which may include guardians for your children or a testamentary trust so that your funds are passed on in accordance to you wishes.
A Power of Attorney allows you to appoint an individual to deal with your affairs if you are incapable of making your own decisions.
An good estate plan works hand in hand with the measures you put in place when you decided to put together the protection for your family and completes your overall risk management strategy.