What is Estate Planning

estate_ planning_sfr_advisoryEstate planning is often considered to be something that only people of a certain age should be thinking about as we live in time of increased life expectancy and the “I’ll think about that later” attitude. However, it is never too early to think about your family and loved ones and to do everything in your power to ensure that they are looked after both while you are alive and also when you are gone.

At SFR Advisory we believe that Estate Planning and Financial Planning are intrinsically linked and if you have taken the first step to financial security by seeking professional financial advice, then Estate Planning is something that should be given some attention.

We endeavour to ensure that our clients have the best lifestyle available to them from the moment they begin their journey towards financial stability by converting their ‘Human Capital’ into ‘Financial Capital’, but we also ensure that their estate matters are in order so that their family and loved ones are taken care of in the event of their passing.

Many of our younger clients had not previously thought about Wills or Powers of Attorney until they came to us as they viewed it as something to think about when they are much older, despite them often having a young family.

Many people do not realise the importance of guardianship which ensures that their children would be looked after by their preferred nomination instead of the courts and social services deciding.

AT SFR Advisory we believe no matter what stage of life you are at, Estate Planning should be something that should be looked at with a professional so that it can be taken care of and you can rest assured that your wishes will be carried out.

That is why as part of our clients’ annual fee we include an estate planning review where we can produce Wills, Powers or Attorney and Medical Guardianships at no additional cost ensuring that our clients wishes are accurately represented for them even at the most difficult times.

If you any questions about this blog, estate planning, financial planning or other financial matters, please don’t hesitate to contact Garth Lovelace at SFR Advisory in Perth on (08) 9220 5200.