Planning for your family’s future after you’re gone is a really important and often complex task.

If you take the time now you can save your family both money and stress during what will undoubtedly be a difficult time for them.

An effective Estate Plan involves not only preparing a Will, but also considering those assets that will not form part of your estate, such as family trusts assets and superannuation. Your Estate Plan should ensure you transfer control of trust assets to appropriate people and should include the preparation of appropriate binding death benefit nominations on your superannuation funds.

Melling Legal can help you set up an Estate Plan including:

• Write a will that leaves your estate to your chosen beneficiaries

• Advising on and preparing superannuation death benefit nominations

• Set up family and testamentary trusts

• Advise you in regard to choosing executors and trustees

• Minimise the chance that your will is contested and subject to litigation

• Advise in regard to estate tax planning and financial concerns

• Safely store your will and other important legal documents

At the same time as considering your Will we strongly recommend that you also put in place plans for any future incapacity by setting up Powers of Attorney. This will ensure that if you become unable to make decisions about your finances, your medical treatment or living arrangements then the person or persons who you trust to make these decisions can do so unhindered.

Contact us to find out more or to arrange an appointment.