The reality is that regardless of your age or life circumstances, should you die without a carefully prepared estate plan, your assets could end up with someone else rather than where you want them to go.

Your estate plan may include personal Wills, Binding Death Nominations, Powers of Attorney, Testamentary Trusts or establishing a charitable legacy.

Estate planning is the process of ensuring that accumulated assets are transferred to beneficiaries in line with the wishes of the estate owner. Relevant goals could include ensuring that assets pass to intended beneficiaries including surviving dependants such as a partner or children, minimising tax liabilities associated with the receipt or sale of assets and avoiding legal issues and court delays.