Estate Planning – Sealing the Cracks
“Cracks” can include family trusts, superannuation & joint tenancies

Estate Planning & Incapacity

The reality for many Australians is that they will lose their capacity to make financial decisions before they die, too often resulting in a void as personal, SMSF, family trust & business decisions need to be made.  The focus of this webinar is anticipating that possibility.

Decision making when incapacity occurs

• Powers of attorney – financial, medical treatment & care
• Financial administrators & guardians
• Informal or opportunistic decision making

Financial attorneys – personal estate

• Financial support of adult vulnerable children
• Payment of education expenses, eg for grandchildren
• Retention of specific assets

Financial attorneys – superannuation

• Renewing & changing lapsing binding death benefit nominations
• Control of SMSFs
• Avoiding death benefits tax

Financial attorneys – proprietary companies & family trusts

• Director v shareholder power
• Control of family trusts
• Trust income & capital distributions