PPT-Super & Estate Planning Strategies under the New $1.6m

IPA DISCUSSION GROUP SYDNEY Ben Symons Barrister State Chambers Overview of Estate Planning Purpose 1 Protect assets in the event of bankruptcy marital breakdown or professional negligence. Why is Estate Planning Important?. It allows you, while you are still living, to ensure that your property will go to the people you want, in the way you want, and when you want. .. To control your personal and financial affairs after you no longer can because of death or incapacity (for yourself and your family). Lew Dymond, Jr., Esq.. Control my property while I’m alive and well.. Provide for myself and my loved ones if I become disabled.. Give what I have:. To whom I want;. The way I want;. When I want.. Minimize the impact of taxes, professional fees, and court costs.. Gregg Hadley, PhD. Assistant Director – Agriculture, Natural Resources, and Community Development. K-State Research and Extension. ghadley@ksu.edu. 785-532-5838. Why?. Grandma and Grandpa. (The Past Generation). with Grant Abbott. Ten years ago Peter Costello introduced a revolution in superannuation – one that created confidence in superannuation and SMSFs. In the period of 18 months more than $100Bn had been contributed into super and the Golden Decade began.. Annual Conference. Gold Coast. 28–30 September 2016. Estate Planning Think Tank. . What would you like to have discussed or covered off this morning?. How do we scope this with clients – highlight areas of value. IPA DISCUSSION GROUP SYDNEY. Ben Symons. Barrister – State Chambers. Overview of Estate Planning. Purpose:. (1) Protect assets – in the event of bankruptcy, marital breakdown, or professional negligence;. Wealth Strategist. Pam provides wealth counseling services to clients in the Los Angeles and Seattle offices of Goldman Sachs, focusing on estate and gift tax planning, generation-skipping transfer tax planning, income tax planning, and charitable giving strategies.  . Jobtitle/Position. A presentation to. Client Name. Date. Smart EOFY Strategies. For 30 June . 2017. Important . information. :. This presentation is provided by [Adviser name] of [CAR name] an authorised representative of [Licensee name], AFSL [X], a member of the National Australia Bank group of companies (“NAB Group”)”. Professor Payne, Finance 4100. Learning Objectives. Understand the importance and the process of estate planning. Draft a will and understand its purpose in estate planning. Avoid probate. 2. Introduction. jzmac@udel.edu. Director of Trust Management Minor | Instructor. Probate. – Legal process of transferring asset from deceased person ownership to beneficiary ownership. Trusts. – Tax efficient Structure created to control wealth during life or after death to defer and minimize taxes, protect wealth, avoid probate, create generational wealth. Separation between legal and equitable ownership.. Life Is Like A Baseball Game. Some Issues too tough!. Uncertain World. Let’s talk about how best to keep control – whether it rains or shines. Smart Estate Planning: Keeping . Control In The Family. According to the 2021 Canadian census, almost 12% of the nation’s families are stepfamilies – “blended families.” Those in in blended families ought to think ahead and confront challenging issues, such as estate planning. Edmonton families should establish clear plans early on to avoid serious difficulties that can occur when a parent or step-parent passes without a will. There comes a time in everyone’s life when it becomes necessary to focus on the future. That means not just your future but also that of your family and the estate you may one day leave behind. Effective estate planning with lawyers can provide a framework for stability and peace of mind if you begin now. It is vital to consider how to protect your estate and ensure you can provide for your own care in the future. R. Max Best. GOALS AND PURPOSES OF ESTATE PLANNING. Arrangement of one’s estate for disposition and management of property at death . The purpose of estate planning is to preserve and transfer the maximum amount of wealth for your beneficiaries and to reduce the stress of management for your heirs and beneficiaries, .