Estate Planning

If you are like a lot of busy people in Norwest Sydney, then it is likely that ensuring your estate planning is up to date and appropriate is not at the top of your to do list. 

The problem of not having up to date estate planning such as wills, superannuation nominations and possibly testamentary trusts, is that if you were to die, or become incapacitated, then your assets may end up being distributed differently to how you would have liked. In addition, your estate may end up paying unnecessary tax.

This can have a large and permanent impact on the people who you care about. It may mean they never end up with the assets you wanted them to have, or they may end up in expensive and protracted legal battles to gain entitlement to what may be rightfully theirs. A significant amount of the estate may also be lost in tax. 

By making sure that your estate planning is up to date you can help to significantly reduce the chances of these troubles occurring. 

When receiving financial advice from Smart Wealth Financial, we can help you ensure that your estate planning is up to date and suitable for your situation. We work with qualified estate planning legal professionals to ensure that the legal side of your estate planning is set up appropriately. 

If you are unsure about your estate planning set up, please book a complimentary appointment to see how we can help you.