Before embarking on your estate planning journey, you need to know some key information before you start.
Your Will is important, but did you realise there are four estate planning documents that play a crucial role in figuring out your estate planning strategy?
- Your Will design
- Enduring Power of Attorney
- Enduring Medical Guardian Attorney
- Super Fund Binding Death Benefit Nomination
Educate yourself on your own situation by identifying:
- Who your super fund beneficiary is and is this correct?
- Who gets your life insurance policy money if you died?
- Who is the successor of your family trust?
- What would happen to your private company shares?
- If you have an SMSF and you die what happens?