Estate planning is the planning you do in relation to the management and passing of your assets and liabilities upon your death.
When you die, your assets will go somewhere, whether you have consciously planned it or not.
What would happen to your assets and family if you were to die today? If your partner died, would you face any financial issues? What would happen to their assets?
Being proactive with your own and your family’s estate planning can make a significant difference to the financial wellbeing of the surviving spouse, your children and grandchildren.
Successful estate planning results in the right assets going to the right people, minimal family feuds, money retained by desired beneficiaries and well managed taxes for the estate or beneficiaries.
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