With the end of financial year, it's time to organise your tax return. While you're at it, I encourage you to tackle or revisit your estate plan!
© Danielle Robertson Consulting Pty Ltd t/as DR Care Solutions
With your “organising cap” on for your tax return, keep that cap on for your estate plan!
A Handy List of Estate Planning Tasks
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Do you have a current Will in place? If not, make an appointment with your solicitor or the Public Trustee to draw one up. If you already have a Will in place, review it every three to five years or on the occasion of a major life event such as marriage, divorce, death of a partner, the purchase or sale of a property and/or business and so on[1]. |
(2)
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Check your assets and liabilities are accounted for. |
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Have you appointed an Enduring Power of Attorney and Enduring Guardian[4]? |
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Do you have an Advance Care Directive? |
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Do you know your financial position? |
DR Care Solutions - Life Planning Resources
For your convenience, we offer the following free resources available by submitting the forms below:
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DR Care Solutions End-Of-Life Planning Checklist - where you can go through a list of tasks in preparation for your or a loved one's end of life; and
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DR Care Solutions Life Ready Register™ - where you can record your important information in the one place. On completing the DR Care Solutions ‘Life Ready’ Register™, make three copies and ensure one copy accompanies your Will, one is securely held by the executor of your Will, and one is securely held by you. For peace of mind that everything’s covered, check through the DR Care Solutions End of Life Planning Checklist.
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This checklist will help you or a loved one go through a preparation process to reduce the anxiety often felt at the end-of-life, whether for yourself or for a close loved one. |
This register is a convenient way to record your important documents in the one place, allowing you, or those carrying out your wishes, to find key information quickly and easily. |
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The information provided is not to be taken as legal or financial planning advice. Please speak with your solicitor, the Public Trustee or financial planner for professional advice.
Seeking care or end-of-life planning for yourself or a loved one? Please feel free to call me, Danielle Robertson, for an initial discussion on how to set up the right care, support and assistance at the right time and in the right place.
Resources
[1] NSW Trustee & Guardian: Update a Will
[2] Facebook: Adding, Changing or Removing a Legacy Contact
[3] Google: Inactive Account Manager / Creating a Trusted Contact
[4] DR Care Solutions: Power of Attorney & Enduring Guardianship - When to Act
[5] DR Care Solutions: Advance Care Planning: Avoid Distress & Suffering; Plan Ahead
[6] My Aged Care: Financial Support & Advice
[7] DR Care Solutions Approved Partners: Financial Services