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Financial Advisor Sydney

We are a leading personalised financial planner services provider in Sydney and Caringbah. We will help you to manage your financial planning, investment, and give financial Advice to build more wealth in your financial plan. visit https://assurewealth.com.au/

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Financial Advisor Sydney

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  1. The Top Estate Planning Mistakes to Avoid in your 30s and 40s

  2. Introduction —Not Appointing Legal Guardians for Your Children —Not Having a Professionally Drafted Will in Your 30s and 40s — Not Making Use of the Benefits of Testamentary Trusts — Not Optimising Your Personal Insurance Position

  3. Not Appointing Legal Guardians for Your Children You must appoint someone, and obtain their agreement, to look after your children. If you fail to do this, a Judge may have the discretion to determine who will care for your children. Unfortunately, a Judge may appoint someone who you regard as unfit. In a worst-case scenario, your children could even end up in foster care.

  4. Not Having a Professionally Drafted Will in Your 30s and 40s Unlike some of the other mistakes that will be profiled in this article, most people are already aware of the risks of not having a Will. Unfortunately, however, this does not prompt many to take definitive action. 01 05 OVERCOMING ANXIETY TALK

  5. NOT MAKING USE OF THE BENEFITS OF TESTAMENTARY TRUSTS A Testamentary Trust may be included in a Will as a way of ensuring a greater level of control over the manner in which assets are distributed to beneficiaries. Using a Testamentary Trust may also result in substantial tax and asset protection benefits especially if you have children under the age of 18.

  6. Not Optimising Your Personal Insurance Position Much of what was discussed about superannuation in the preceding section is also applicable to Life Insurance. Many people have such insurance policies in place, but they have yet to consider how payments from these policies will be distributed.

  7. Contact Us Mailing address Level 5/20 Bond St, Sydney NSW 2000 Email address OVERCOMING ANXIETY TALK support@assurewealth.com.au Phone number 1300 79 80 38

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