Estate Planning

The need for effective estate planning is essential in any financial plan. It ensures you distribute the investments you have accumulated over your lifetime in the manner you intended.

Estate planning is usually an uncomplicated and cost effective means of providing for your loved ones after you have died.

Having an invalid will or dying Intestate (without a will) often leads to bitter family disputes, litigation and emotional and financial stress for your family.

Capital Gains Tax and superannuation lump sum taxes can take significant chunks from your estate, or impose taxation liabilities on your beneficiaries if it is not structured correctly.

We believe it is most important to have an estate strategy, which is effective and supported by a will that is valid and reviewed regularly.

At Australian Central, we are able to discuss estate-planning issues, for instance:

• Intestacy (dying without a will)
• Beneficiaries
• Executors
• Trustees
• Specific bequests/devices
• Enduring powers of attorney
• Capital gains and other taxation implications
• Charitable foundations.