estate planning: what’s your family succession plan?

While often difficult, having discussions with your family about estate planning, and how your assets will be distributed when you die, is so important.  Here are just some of the key building blocks to consider when estate planning and looking to create your own family succession plan. 

Have a valid Will

There are many problems that arise if you don’t have a valid Will – problems that can cause a great deal of distress to your family when you die.

A valid Will details in writing how you wish your assets to be distributed, and must be dated and witnessed by two people who are not your beneficiaries.

getting ready for retirement

If retirement is something you are starting to think about, now is the time to put a plan together to ensure that you achieve the satisfying and meaningful retirement that you aspire to.

While the most enticing aspect of entering into retirement is the prospect of being free to do as you wish, it can be challenging to adjust to all that free time and to navigate the changes associated with leaving the workforce. It’s important you continue to fill your days with activities that give your life meaning and make you feel valued.

Maybe you have always wanted to pursue a certain hobby and never had the time. Whether it’s learning a language, picking up an instrument or unleashing your creative side, retirement can be the time to pursue your passions.

DARE TO DISCOVER A BRIGHTER FINANCIAL FUTURE

With life being so busy it can be very easy to ignore your long-term financial plans, but we can’t stress enough, planning conversations today should be done early to create room for your future dreams.

So how can you make the most out of your personal or business situation?

‘Dare to dream’ and plan for the future – here are a few things to consider.