Estate planning brings peace of mind
Create a legacy is the 7th step on the Financial Freedom Wheel™.
Financial freedom includes knowing your affairs are organised and the people you care about will be looked after.
Many people think estate planning is just about having a will. In reality, it’s much broader than that. It also includes things like who receives your super, putting powers of attorney in place, how your assets are owned, and understanding any tax implications for your family.
Like any good plan, it should be reviewed as life changes. Marriage, separation, children, buying or selling property, retirement, or changes to your financial position can all affect whether your estate plan still reflects your wishes.
Having everything up to date gives you confidence that, if something unexpected happens, the right people are looked after in the way you intended.
Estate planning is not about age. It is about being prepared. Whether you’re just starting out or enjoying retirement, having a clear plan provides peace of mind.
This step helps ensure the wealth you build is passed on the way you want it to be.
Are you confident your current estate planning arrangements reflect your wishes?
If you would like to strengthen this spoke of your Financial Freedom Wheel, reply to this email or raise it at your next meeting.
