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Wills and Estate Planning
The Essential Guide for Australians
Andrew Simpson (Author)
9781394337705, Wiley
Paperback / softback, published 20 June 2025
320 pages
2.3 x 1.5 x 0.2 cm, 0.482 kg
Have you prepared your legacy? Get peace of mind for you and your loved ones tomorrow by planning your estate today. Wills and Estate Planning: The Essential Guide for Australians will help you make a plan to leave your wealth to your selected beneficiaries, protect your financial legacy and avoid family disagreements. This plain-English guide makes estate planning easy, providing exactly what you need to know to get started. You have spent substantial amounts of time and energy building your life as it is now. But have you planned for how your wealth and assets will be distributed after your death? Many people prepare a will only when a life event brings the topic sharply into view—ike the death of a loved one or a personal health issue. But being proactive and planning your estate today can help you avoid significant time pressure and emotional stress. Wills and estates expert Andrew Simpson shares his extensive knowledge in this clear, jargon-free guide. From planning your retirement to writing a will and distributing your assets, Wills and Estate Planning covers the fundamentals and answers your questions. Inside, you'll find informative case studies, practical examples and easy-to-read explanations. Designed specifically for readers with little to no experience with wills and estate planning, this book will help you:
With the latest financial and tax guidelines, this is a must-have resource for anyone seeking to confidently pass on their wealth to future generations. Wills and Estate Planning is for anyone who wants a simple, stress-free way to sort their affairs and enjoy peace of mind.
About the Author vii Acknowledgements ix Preface xi Part I Understanding estate planning 1 1. What is estate planning? 3 2. Estate assets 11 3. Intestacy 19 Part II The will 25 4. Planning your will 27 5. Appointment of executors 35 6. Contents of the will 49 7. Updating, revoking and storing your will 67 8. Protecting your will from challenge 75 Part III Trusts and estate planning 87 9. An introduction to trusts 89 10. Types of trusts 99 11. Testamentary trusts 113 12. Capital-protected and protective trusts 129 13. Proceeds trusts 147 Part IV Taxation and superannuation 157 14. Taxation and death 159 15. Death and superannuation 171 Part V Lifetime planning 189 16. Powers of attorney 191 17. Binding financial agreements 209 18. Business succession and estate planning 213 19. Life insurance 223 20. Planning ahead — arranging your funeral 229 Part VI Estate planning and elder law 235 21. Centrelink and estate planning 237 22. Centrelink and the treatment of private trusts and companies 247 23. Reverse mortgages 259 24. Aged care 267 25. It’s up to you now 279 Glossary 281 Appendix 287 Index 289
Subject Areas: Finance & accounting [KF]
