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“Where there is a will, there is an Inheritance Tax” Unknown
If you were to pass away tomorrow, would it be easy for your loved ones to determine how to distribute your assets and settle your estate? Or, would you be leaving them with a messy legal battle to figure out how to allocate your wealth and belongings? Although it is not pleasant to think about the day that you will pass away, it can give you a wonderful peace of mind to know that you are prepared. This is why you should start putting some thought into planning your estate and writing your Will.
Your Will is an essential legal document that will determine who will benefit from your estate. If you are living overseas and your assets are located in different countries, it is even more crucial that you have an accurate will that details how your assets will be dealt with. As your assets will be spread throughout different jurisdictions, it will be much more complex to create a plan for your estate. It is essential to make your official Will, as otherwise your estate might not be distributed in the manner that you want.
However, making a Will can be a very complicated process. You need to outline all of your assets and specify all of your requirements for where you want your assets to go. In order to ensure that everything goes smoothly in the estate planning process, it can be incredibly beneficial to enlist the help of an experienced financial advisor.
Here at Taylor Brunswick, we have the skills and experience to help you create your Will correctly and efficiently. We have strategic partnerships with the right people in the industry and we are able to arrange inexpensive solutions to your multi-jurisdiction wills. Our priority is to get to know your particular situation so that we can offer customised financial advice that suits your personal needs.
With careful planning and intelligent advice, you will be able to ensure that your family will be looked after in the event of your death. Don’t leave your family to figure out your affairs without a Will, make sure that your last wishes are clear.
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