Five Compelling Reasons Why You Should Have a Customised Five Compelling Reasons Why You Should Have

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  • Five CompellingFive CompellingFive CompellingFive Compelling Reasons Why You Reasons Why You Reasons Why You Reasons Why You

    Should Have aShould Have aShould Have aShould Have a Customised WillCustomised WillCustomised WillCustomised Will

    341 High Street PO Box 534

    Maitland NSW 2320 Phone: 4934 2600

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  •  Tranter Lawyers 2008 2

    FiveFiveFiveFive Compelling Compelling Compelling Compelling Reasons Why Reasons Why Reasons Why Reasons Why You Should HYou Should HYou Should HYou Should Have a Customised Willave a Customised Willave a Customised Willave a Customised Will

    What is a Will?What is a Will?What is a Will?What is a Will? ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................3333 Why do Wills need updating?Why do Wills need updating?Why do Wills need updating?Why do Wills need updating? ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................3333 What if I marry or divorce?What if I marry or divorce?What if I marry or divorce?What if I marry or divorce?....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................4444 Reason One: Your wishes may not be observed if you die without a WillReason One: Your wishes may not be observed if you die without a WillReason One: Your wishes may not be observed if you die without a WillReason One: Your wishes may not be observed if you die without a Will........................................................4444 The Intestacy Rules..............................................................................................................................................................................................4 What's the intestacy rules formula? ........................................................................................................................................4 An example of the intestacy rules formula at work .....................................................................................5 Reason Two: You should have control over who looks after your childrenReason Two: You should have control over who looks after your childrenReason Two: You should have control over who looks after your childrenReason Two: You should have control over who looks after your children ............................................6666 Reason Three: Your bReason Three: Your bReason Three: Your bReason Three: Your beneficiaries may be able to save taxeneficiaries may be able to save taxeneficiaries may be able to save taxeneficiaries may be able to save tax........................................................................................................................................................................................................................................6666 How can a testamentary trust save tax for beneficiaries? ..............................................................7 Reason Four: Your beneficiaries may need asset protectionReason Four: Your beneficiaries may need asset protectionReason Four: Your beneficiaries may need asset protectionReason Four: Your beneficiaries may need asset protection............................................................................................................................................................................................................................8888 ReasonReasonReasonReason Five: Some assets may not form part of your estate Five: Some assets may not form part of your estate Five: Some assets may not form part of your estate Five: Some assets may not form part of your estate ............................................................................................................................................................................................................................9999 Examples of pExamples of pExamples of pExamples of problems caused by a lack of planningroblems caused by a lack of planningroblems caused by a lack of planningroblems caused by a lack of planning ....................................................................................................................................................................................................................................................................................................10101010 Further estate planning documentsFurther estate planning documentsFurther estate planning documentsFurther estate planning documents............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................10101010 What is a Power of Attorney? ....................................................................................................................................................10 What is an Enduring Guardianship?.................................................................................................................................11 Why use Tranter Lawyers for your Estate Planning?Why use Tranter Lawyers for your Estate Planning?Why use Tranter Lawyers for your Estate Planning?Why use Tranter Lawyers for your Estate Planning? ........................................................................................................................................................................................................................................................................................................12121212 WhWhWhWhat do our clients say about us?at do our clients say about us?at do our clients say about us?at do our clients say about us?................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................13131313 YOUR SPECIAL BONUS GIFTYOUR SPECIAL BONUS GIFTYOUR SPECIAL BONUS GIFTYOUR SPECIAL BONUS GIFT ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................15151515 Supplemental Information:Supplemental Information:Supplemental Information:Supplemental Information: Effective Estate Planning How to Keep the Taxman Out of Your Will ................................................................................................................................................................................................................................................................................................................................................................................................................................................

  •  Tranter Lawyers 2008 3

    First of allFirst of allFirst of allFirst of all,,,, t t t thank hank hank hank yyyyoooou for requesting a copy of u for requesting a copy of u for requesting a copy of u for requesting a copy of this this this this new Report.