#8: I have a Will in place, so why do I need an Estate Plan?

While you may have a Will in place, without an appropriate Estate Plan you may be inadvertently leaving tax burdens or complications for your beneficiaries.

An Estate Plan includes items often not included in a Will such as superannuation funds, jointly held assets, assets held in trusts and, in some cases, business assets.

A properly drafted Estate Plan considers all your assets and entities and how these will be impacted upon your passing, including possible tax implications, asset protection requirements, and importantly a much more certain outcome for your chosen beneficiaries.

If you would like further advice about your Estate Planning needs, I encourage you to contact our office on 07 3720 1299 or email admin@wealthfundamentals.com.au

Lane Moses Pty Ltd ABN 56 092 186 117 trading as Wealth Fundamentals and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306.

This is general advice only and does not take into account your objectives, financial situation or needs, so you should consider whether the advice is relevant to your personal circumstances. You should also read the relevant Product Disclosure Statements (PDS) before making any financial decisions.

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