Estate Planning

Estate Planning

What is it?

At The Trust Company, we understand how important it is that your wealth is passed on to the people and causes that are dear to you.

Estate planning is more than a Will. It involves a comprehensive strategy to ensure your wealth is protected, passed onto your intended beneficiaries in a tax-effective way, and vulnerable beneficiaries are protected. It also involves developing a plan for the management of your affairs should you lose capacity. Depending on your circumstances it may also include issues such as succession of control of companies and trusts, and strategies to minimise the potential for estate litigation.

Through this detailed strategy we can help you prepare today to ensure those you love are provided for tomorrow, giving you peace of mind knowing that your legacy will thrive long after you have passed on.

How is it useful?

Estate planning is even more essential in today’s changing social landscape, with the definition of a family changing considerably over recent decades. With more than one in three marriages ending in divorce, many families are now blended, and Australians want the security of knowing their wishes will be carried out after they’ve passed. Increasingly complex superannuation structures and wealth profiles also mean assets aren’t as easily distributed amongst beneficiaries.

The law in the area of estates is also complex. You need to ensure your estate planning strategy is up to date and ensures your beneficiaries will receive their inheritance in the most tax-effective manner. Poor structures or a lack of planning could be costly to your estate, and therefore, to your beneficiaries.

We have the experience and knowledge required to develop a comprehensive estate plan. Our team has a proven track record of successfully looking after the financial affairs of our clients. Every family is unique and we tailor all of our services to you as an individual. If you would like to know more, call us to arrange an obligation-free appointment so we can work out the best way to help you.