Townsends Lawyers believe that good estate planning comes out of a good process and complete client understanding of their circumstances and their wealth transfer plans.
A good estate plan would consider the following:
- An overview of the current situation – the results of the fact finding informed by the planner’s advice as to what the client needs to understand;
- A clear statement of the client’s goals, desires and intentions, again with the benefit of advice as to what is achievable and how;
- A clear statement of the Plan Design and the reasons for it, particularly with respect to how it meets the client’s goals, desires and intentions; and
- A plan design that accommodates their needs while at the same time protects the estate and the beneficiaries from unwanted nasties like excessive tax, creditor liability and family provision claims.
Media enquiries
Peter Townsend
Principal
Townsends Business & Corporate Lawyers
02 – 8296 6266
Mobile 0419 44 88 44
peter@townsendslaw.com.au
townsendslaw.com.au