Are you prepared for the unexpected?
Dying intestate is more common than you think.
Less than 3% of Australians have a comprehensive estate plan in place.
- If the unexpected were to occur are you prepared?
- Do you have a legally binding Will and Estate Plan in place as part of your overall financial planning strategy?
- More importantly, can your family survive something happening to you?
Estate Planning should be a core part of your financial protection strategy. In 2017, the last full year of ABS statistics, 28,507 people of working age died prematurely. That is 1 out of every 6 economically active adults died before retirement. Think carefully, bad things happen, be prepared.
We can assist you by creating a legally binding Will and comprehensive Estate Plan in a cost effective and simple manner. A typical household will have a mortgage with a young family or adult children transitioning into their next stages of life. If an Estate Plan is not in place there is a high chance your family will not survive financially on their own and would need to rely on other family members or government support.
This situation is all too common as illustrated by Ryan Steven’s widow, Stephanie, who lost their family home after the unexpected death of her husband. Ryan Steven did not have adequate measures in place to ensure his estate was passed on to his wife as per his wishes. A legally binding Will and comprehensive Estate Plan would have prevented this and provided for her and their son Olly’s financial future.
We feel its imperative for your family’s financial future that you have a comprehensive Estate Plan in place. Family Estates Consulting can assist in a review of your current financial strategy including building a comprehensive Estate Plan in a cost effective and simple manner. Contact us today.