How many times have you asked yourself “Should I write a will now or wait until I’ve [bought a house / got married / had a baby / had another baby / put some cash in the bank / built up my super]?” You get the picture. There’s always a reason to wait. Especially when you’re knee deep in the business of living and bringing new humans into the world. Or your powerful crystal ball […]
Should I Write A Will Now Or Wait? Read More »
It’s not unusual for people to reach out looking for a will only to get blindsided with sticker shock. Breathlessly they ask ‘why does estate planning cost so much?’ Maybe you’ve wondered the same thing yourself. Maybe I’ve sent you here to circumvent answering your question. Or maybe you’ve done your estate plan and some bloke down at the pub is up in your grill demanding to know why you were such a sucker for
Why Does Estate Planning Cost So Much? Read More »
There aren’t many things that get me fired up quite as much as hearing someone tell me they felt pressured to use a dead person’s lawyer to administer an estate – despite the fact that they really wanted to use someone of their own choosing. It’s a misconception almost as common as ‘lightening never strikes twice’, or ‘bats are blind’ or ‘humans only use 10% of their brain (granted for some humans that may in
Why You Should Get Your Own Lawyer For A Deceased Estate Read More »
Creating a personal asset plan is a great way of helping your family understand what “stuff” you’ve got but it’s the gift that keeps on giving, if you use it as an excuse to do some Spring cleaning at the same time. I recently attended the home of an elderly gentleman, who like me, was a card-carrying member of the Minimalist Movement. We bonded over our mutual love of the actual Minimalist aesthetic – Scandinavian
Why a Personal Asset Plan is an Awesome Gift to Give Your Family Read More »
When it comes to nominating a friend as an executor most people have a whole raft of thoughts, feelings, and considerations the people who nominate a family memeber don’t seem to have. The biggest one is how to nominate a friend as an executor or substitute decision maker without being a burden. Like “Don’t be a burden.” is a very important clause in the rules of friendship – but not so much when it comes
Nominating A Friend As Your Executor Read More »
Being a good shareholder is about more than just managing assets – it’s about ensuring a smooth transition if your family will be managing deceased estate shares. I’m excited to be partnering with Jon Moses, a specialist deceased estate stockbroker (and great human), from JM Invest. I asked Jon what it takes to be a good dead shareholder and he didn’t just answer the questions, he came through with all the information. If you’d like
Deceased Estate Shares Read More »
As a business owner, farmer’s wife, and farmer’s daughter I understand how difficult it is to separate the business from the person – the years of hard work, financial investment, and emotional commitment make it particularly hard to imagine there being a day where your business and life aren’t extricably linked. Unfortunately many business owners die or become incapacitated without ever getting around to formally addressing the succession of their business. Just as most entrepreneurs
Business Succession Planning Read More »
As a business owner it’s vital you adequately plan for the future of your business and that means making sure your assets and operations are looked after if you become unwell, have an accident or die. Estate planning isn’t a nice to have for business owners. It’s an essential piece of equipment in your business tool chest. Let me tell you a story that’s true. On the 2nd January 2020 the unimaginable happened to the
Estate Planning For Companies Read More »
When you’re a Sole Trader it can feel impossible to separate yourself from your job. What most Sole Traders don’t realise is when it comes to the law, you and your job are entirely inseparable. When it comes to the law there is no distinction between you and your sole trader business. Being a sole trader offers tens of thousands of Australians the opportunity to build, own and grow their own business without the costs
Sole Trader Estate Planning Read More »