The Table of Contents – Australian Edition

Have a read through the Table of Contents to see all the topics covered.

IMPORTANT NOTICE TO ALL READERS. 1

Tips to Update and Protect Valuable Information. 2

Protection of Valuable Information. 2

Who Should Use This Manual?. 2

Checklist to Review your Estate Planning Options. 3

WHO I AM… 5

My Personal Details. 5

My Team of Professional Advisors. 7

Employment Details. 9

My Accounts and Subscriptions. 10

Loyalty Cards and Frequent Flyer Miles. 11

Personal and Important Documents. 12

My Online World.. 13

WHAT I’M WORTH.. 15

Assets. 15

Real Estate. 15

Bank, Building Society or Credit Union Accounts. 19

Shares or Securities in Companies. 20

Managed Funds. 21

Units in Real Estate Investment Trust Funds. 22

Monetary Investment Details. 23

Motor Vehicles. 24

Private Companies and Businesses. 26

Online Assets. 28

Other Assets. 29

Superannuation and Trusts. 30

My Superannuation.. 30

Superannuation Pensions. 32

My Pensions. 32

Powers of Attorney and the Withdrawal of Super before Death. 33

My Trust Interests. 34

Executorships. 36

Powers to Appoint 37

Letter of Wishes to My Trustee. 37

Personal Items. 38

Sentimental Possessions. 38

My Personal Possessions. 41

Items in my Possession that Do Not Belong to Me. 42

Heirlooms. 43

Liabilities. 44

My Liabilities. 44

Secured Debts. 44

Unsecured Debts. 46

Guarantees. 47

Tax. 48

PLANNING FOR THE ALL EVENTUALITIES. 50

If I Become Incapacitated.. 50

My Powers of Attorney. 51

My Living Will or Advanced Care Directive. 54

Insurance. 55

Life Insurance: 55

Other Forms of Insurance. 56

Estate Planning and Asset Protection Instruments. 58

Trusts. 58

Implied Trusts. 59

Express Trusts. 60

Discretionary Trusts. 62

Life Interests. 63

Accommodation Fund Trust 65

Right of Occupation and Use and Enjoyment Trusts. 66

Special Needs, Special Disability or Protective Trusts. 67

Children’s Trusts. 69

Education Trusts. 69

Capital Reserve Trusts. 70

Testamentary Trusts. 71

Beneficiary Controlled Testamentary Trust 73

Estate Proceeds Trust 74

Superannuation. 75

Withdrawal of Super Funds. 75

Persons Eligible to receive your Superannuation Death Benefit 78

Binding Death Benefit Nominations. 78

Tax on Death Benefits. 79

Superannuation Death Benefits Testamentary Trust 80

Superannuation Complaints Tribunal (SCT) 80

Caveats. 81

Mortgages. 81

Equitable Mortgages. 81

Change in Title. 82

Buy-Sell Agreements. 83

Binding Financial Agreements. 84

Interest Free Loans. 85

Insolvency. 86

WHEN I PASS AWAY.. 87

Organ Donation. 87

Funeral Arrangements. 89

My Funeral Arrangements. 89

If I die overseas. 90

My Obituary. 91

My Eulogy. 91

Message to be Read at my Funeral 91

Notifications. 93

Last Will and Testament 95

The Need for a Will 95

When to Revise your Will 96

Validity of a Will 98

Things to Consider Before Making a Will 98

Executors. 102

Challenges to a Will 108

Measures of Protection to a Claim Against your Estate. 109

Long Term Relationships (not De Facto) 111

Where to Store your Will 112

Alterations to Your Will 113

Mutual Wills. 113

International Will and Assets. 114

Revocation of a Will 114

Deed of Family Arrangement 114

Dying Without a Will 115

My Will 116

Notes on Why I Drafted my Will as I Did.. 116

Further Notes on Why I Re-drafted my Will 118

Probate Guide. 120

Suggestions to Beneficiaries of my Estate on How to Manage Their Inheritance. 122

Others for Whom I Care. 123

Pets. 124

Charities I Support. 126

MESSAGES. 127

Letters to Loved Ones. 127

Letters for Forgiveness. 129

Letter to the Future Step-parent of my Children. 130

Guardians of my Children. 131

My Notes to my Guardians. 133

TEMPLATES. 136

Will Kit 136

Last Will And Testament 141

Statutory Declaration Template. 143

NOTES. 146

FINAL WORD.. 147

ABOUT THE AUTHOR.. 148

 

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