People often think of making a Will but have not considered a proper overall Estate Plan which will ensure that all of your assets end up in the right hands.
It is becoming increasingly common that businesses are operated through companies or family trusts, people hold property investments in family trust, and we are seeing the popularity of self-managed superannuation funds.
Did you know that it is possible that all of these assets can fall outside of your estate if you die? Your family investments could be controlled by an unintended person and not remain for the benefit of the beneficiaries in your Will.
It is imperative to consider all of your assets and in which entities they are held in doing a proper Estate Plan.
The Estate Planning expert lawyers at Evolution Legal can look into your structure, including your trust deeds, overseas assets, your life insurance policies and your superannuation structure and provide you with an estate plan rather than just a will. It is sometimes the case that allocation of your assets prior to your death can 'shore up' your wishes.