7 Minute Wisdom

Estate Planning, it's not just the hard facts and figures. More valuable are the emotional facts—those which you draw from your heart. The instructions you leave behind that will help your family when they are grief stricken with your loss.

It is important to understand the roles and responsbilities of those you choose to have as part of your Estate Planning Team. Power of Attorney, Enduring Power of Attorney, Advanced Health Directive. Understanding these duties and making some thoughtful decisions now regarding your financial and health outcomes will prevent a lot of stress and strain for your loved ones at the time.

A lot of people struggle to choose the people who they want to ultimately represent them on their passing. A family member will have your best intentions at heart, and someone with business and professional experience will be valuable for key decision making.

7 Minute Will Myth #1 A solicitor is all you need with your estate plan? Absolutely not!! A good plan is created by a team of specialists - financial, taxation, legal, risk, retirement needs and so on. So whilst you may have a legal document, it is important you have someone who co-ordinates the specialists - a facilitator. Plus, after someone passes, there are so many human elements which need co...