Estate Planning

---

Equally Important in building wealth is the protection of wealth and the distribution of wealth upon your passing.

Most people prefer not to think about what happens when they die and put off planning for this situation. It is a very important issue to think about early and is an essential part of the financial planning process. Estate planning is determining how your assets will be divided on your death to ensure they are distributed efficiently and according to your wishes.

It does not matter how small your personal wealth is, you should still ensure you have a planned your affairs. This will include such items as

• Wills
• Enduring Powers of Attorney
• Nomination of Beneficiaries for your superannuation funds and Life Insurance Policies.
• Reversionary Beneficiaries for Retirement Income Streams

Proper estate planning can

• reduce worry for your spouse and/or beneficiaries
• protect your estate from unwanted claims
• minimise unwanted tax burdens

In conjunction with your solicitor, the team at FFG will be able to ensure that your estate planning matters are properly structured.

If you do not have a solicitor, we will happily refer you to one of preferred legal suppliers.