![]() ![]() (5) Choose who you wish to appoint as your attorney – identify the person or people you want to trust making financial and legal decisions on your behalf whilst you’re still alive tax considerations, potential family provision claim issues, whether a testamentary trust might be appropriate) Nominating a Power of Attorney (4) Instruct Quinns to draft your Will – if instructed, we will facilitate a discussion regarding your Will to ensure that you have considered any potential issues regarding your wishes (e.g. (3) Choose your beneficiaries – identify the people you want to benefit from your Estate and what they are to receive (whether that be specific assets of yours or a percentage of your Estate). (2) Choose your executor – who do you want to manage your Estate when you pass? (1) Make a list of your assets and liabilities – this will enable you to find out what may be included in your Estate in the future. ![]() The Estate Planning Checklist covers critical Estate Planning components such as preparing or updating your Will, nominating a Power of Attorney, appointing an Enduring Guardian, drafting an Advance Health Directive, nominating beneficiaries for Superannuation Death Benefits and Life Insurance Benefits and succession planning for Businesses, Companies and Self-Managed Super Funds. What does the Estate Planning Checklist cover? Be sure to discuss all elements of your Estate Plan with a qualified lawyer for professional advice for your individual situation and to ensure your intentions are correctly administered. The Quinn Group’s Comprehensive Estate Planning Checklist is a great resource to help ensure that you have covered all the important bases when it comes to planning and managing your estate in accordance with your wishes.Įstate Planning is much more than drafting a Will and as such, it is important to review all the items in the Estate Planning Checklist and consider your options and preferences in each instance. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |