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Estate planning

What is estate planning?

Estate planning ensures that the wealth you have built is transferred to your beneficiaries smoothly, tax-effectively and most importantly, according to your wishes.

Your estate plan incorporates your will and much more. Your will is a legal document that outlines your wishes and names the executor of your estate. This is the person who will have the responsibility of carrying out your wishes as outlined in your will. Find out the responsibilities of an executor.

Your estate plan may also include putting structures in place to aid a tax effective transfer of assets, drawing up legal documents such as powers of attorney, having provisions to provide for your family or setting up a charitable legacy.

Who needs an estate plan?

Estate planning is essential for everyone, but is particularly important if you: 

  • have married, become de-facto, separated or divorced 
  • have children or step children 
  • have family members with special needs 
  • have recently bought or sold major assets 
  • are buying, selling or operating a business 
  • have a family trust, DIY super fund or company.

What’s next?

Perpetual or Perpetual Group means Perpetual Limited, ABN 86 000 431 827, and its subsidiaries. Perpetual Private advice and services are provided by Perpetual Trustee Company Limited (PTCo), ABN 42 000 001 007, AFSL 236643. This information has been prepared by Perpetual and contains information contributed by third parties. It contains general information and is not intended to provide you with advice or take into account your objectives, financial situation or needs. You should consider whether the information is suitable for your circumstances and we recommend that you seek professional financial, tax and/or legal advice. The information is believed to be accurate at the time of compilation and is provided by Perpetual in good faith. However, the statements including assumptions and conclusions are not intended to be a comprehensive statement of relevant practice or law that is often complex and can change. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information.