Estate Planning

ESTATE PLANNING

​

Protection of your assets and ensuring that they get to the right hands quickly are the primary considerations of Estate Planning.

Unfortunately, many believe that implementing a Will is a valid estate plan, however, many assets are not covered through the Will and hence, an estate plan is significantly broader. The estate plan should also seek to protect assets whilst you are alive ensuring effective distribution upon death.

​

COMMON QUESTIONS TO CONSIDER

​

Some questions you may wish to consider include:

​

• What assets are not covered in my Will?

• Have my circumstances changed since my Will was implemented?

• Who should receive my super?

• What happens if I’m incapacitated?

• What happens to my family trust upon Death?

• Who takes over my company if I can’t operate it?

• How do I ensure my children’s inheritances are protected?

• Are my assets protected from creditors?

• As I have my own business with business partners, what happens to my part of the business if I die?

• Is there anything I can do to protect my estate?

HOW CAN WE HELP?

​

Provident’s planners can provide guidance on the use and combination of the tools above to structure your estate to ensure your assets are protected from third party claimants, operational in the event of disability and distributed effectively in the event of death.