TMS Insights – Navigating Estate Planning

1 April 2024

We recently sat down with estate planning specialist Anthea McIntyre from McIntyre legal to discuss strategies for protecting your assets and ensuring your legacy is carried out according to your wishes. This video interview covers important topics, especially if you have a blended family or significant assets.

Key takeaways from the discussion:

  • The importance of having a regularly updated will to ensure your assets go to your intended beneficiaries.
  • Why estate planning is essential for blended families to avoid potential disputes and ensure a fair distribution of assets.
  • How testamentary trusts can offer asset protection and tax advantages. Including distribution of income to minor children (including grandchildren), utilising adult tax thresholds.
  • The roles of executors, trustees, and enduring powers of attorney in securing sound financial and legal decision-making.
  • Importance of enduring power of attorney and enduring guardian for legal, financial, and critical medical decisions.
  • Regularly review and update every 3 years.

We encourage you to watch this informative Q&A to gain valuable insights into safeguarding your legacy.

General Advice Warning: The site may contain, or may be linked to, investment reports, options, estimates, recommendations and other information (Information). However, such information comprises general securities advice only and has not been prepared taking into account the particular investment objectives, financial situation and needs of any particular person. You should carefully assess whether such information is appropriate in light of your individual circumstances before acting on it. TMS Capital Pty Ltd strongly recommends that you seek independent advice from a qualified professional before acting on any of the information contained on this Site or any other website on the Internet. This video does not constitute legal advice and should not be relied upon. Each person’s individual circumstances and objectives are different. It is important to obtain bespoke legal advice tailored to your personal circumstances. TMS Capital, McIntyre Legal, and the presenters in this video disclaim all liability.