Get a Will
Arguably, a Will is the most important financial asset for yourself and your family. It’s worth more than your house, your car, and your investment portfolio. A will can protect your family members put you in the driver’s seat to determine what happens to your money after you pass.
What a Will lets you do:
- Decide who will take care of your children.
- Decide who gets what without having a family feud after you die.
- Minimise the probate process.
- Minimise estate taxes.
- Decide who manages the admin of your Will and estate after you die.
Implementation and Cost
- You can get your Will written by a solicitor (for a fee) or by a Public Trustee for free.
- Your local post office offers will kits for a small fee.
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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2