Hi-tech self-isolation Will solution
We are living through extraordinary circumstances at the moment. We remain open during the COVID-19 Pandemic.
It’s no surprise that many people are now updating their existing Will, or organising their first Will.
Growing concern over the Coronavirus has prompted people to take action to protect themselves and their family.
The good news is that you can now start this process today, from the comfort of your home, using our interactive online interview system.
We can assist with fast, efficient and expert preparation of your Will.
We can also assist you to appoint key decision-makers regarding your health and wellbeing.
When completed, the printed & bound documents will be posted or couriered to your door.
What to do?
Our online system interviews you by asking detailed questions about you and your family, and how you would like to look after them.
You don’t have to include details of your financial position if you don’t want to – this can remain private.
After reviewing your answers, we then discuss your options – by phone, Zoom, Skype, FaceTime or similar.
You may want a comprehensive Will designed to protect your beneficiaries by keeping your assets secure and potentially saving tax.
If your affairs are uncomplicated, you may prefer a basic Will.
Whatever your preference, our online system makes it easy and cost-effective for you to get organised.
Before you make any decision, we will confirm the costs of each estate planning option.
Smarter Will Guide
Our Smarter Will Guide explains the potential benefits of comprehensive estate planning using testamentary trusts.
Some of these benefits include:
The ability to significantly reduce the amount of tax paid by your children / beneficiaries.
Protecting your estate assets from attack if your children / beneficiaries become bankrupt or are involved in a family law dispute.
Protecting your children’s / beneficiaries’ Centrelink entitlements.
Maintaining flexibility by giving your children / beneficiaries the option to choose how to receive the assets at the relevant time.
What about your parents?
If your parents are alive and well, it could be very beneficial for you and your siblings if they prepare a Smarter Will. Whilst their Will is none of your business, where possible, it is recommended that your parent’s estate planning complements your estate plan and asset protection strategies.
Are your parents aware how much tax the government can take from the future income their children will receive if they have a standard Will? Do your parents realise how their assets can be taken from their children in future years if they become involved in a dispute with their former spouse or partner, their bank or where some business deal goes bad!
In the near future, all governments in Australia (Commonwealth, State & the Territories) will commence the process of recouping billions of dollars of COVID-19 stimulus payments from Australian asset-owners and tax payers! You can work it out!
It can be useful to re-read the Smarter Will Guide from the point of view of the beneficiary – rather than the Will-maker.
Disclaimer: The above is to be considered as general education. This is not advice and it is not to be acted upon without advice from a qualified professional who understands your personal circumstances.
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