A Will is a document that sets out how your assets can be distributed in the event of your death. It also names the beneficiaries and can cover other matters such as appointing guardians for your children and stating your wishes regarding funeral arrangements.

A Will…

An Enduring Power of Attorney (EPA) appoints an attorney to make decisions on your behalf if you become incapacitated due to accident, illness or old age. ‘Incapacitation’ simply describes an inability to sign documents or make decisions about your property or personal care.

Having an Enduring Power of Attorney is just as important as having a Will. As with a Will, it is important that you seek professional assistance in preparing your EPA, and it will need to be properly signed and witnessed to be binding.

These days, Estate Planning is more than deciding who will benefit from your assets when you die.

Traditionally, formalising that decision in a Will would have been adequate, but recent changes in legislation and modern family structures demand a more thorough approach.

The aim of Estate Planning is to minimise emotional and financial hardship for the people you care about.

To establish a comprehensive estate plan you will need to: