Estate planning is the process of working out how to distribute and protect your wealth. This process is important for everyone. It doesn’t matter how little or how much money you have. It is an important process as it helps determine how your estate is divided in the event of your death. It can help to lessen the legal burden for surviving family members at what would already be a difficult and emotional time.
Having or updating a will is a crucial step in estate planning, however it is not the only facet. The Newcastle Financial Planning Group team can help you design an appropriate estate plan.
If you require advice in this area or would like to know more call us on 02 4032 7934.