Effective estate planning is a must for most doctors and dentists. Having worked hard and long to develop their wealth, our clients insist that their affairs be in order when the time comes for that wealth to pass to the next generation.
Happily, estate planning is not brain surgery – it is a simpler concept by far. Most people make use of one of a few well-thought through estate planning options. So, to save our voice and your time, we have developed The Doctor’s Guide to Estate Planning. This guide contains information about estate planning that will be relevant for 95% of our clients. We encourage you to read the guide so that you can better understand the whys and wherefores of our estate planning advice.
What’s more, please make this guide available to your executors and other interest people, as it will save them time and money when the time comes for their services to be required.
Through no fault of their own, younger Australians are finding the housing market hard to enter. At the same time, their parents and grandparents are doing very well if they own a home. There is no point in waiting for an inheritance: the average age for receiving one of them is mid-50s. So, how can older Australians help their younger relatives get into their own home – and live near enough to visit often?
Estate planning can be one of the most rewarding parts of financial planning. After all, who does not want to make sure that their loved ones are looked after as well as possible? Happily, the best estate planning is often the best personal financial planning as well.