Estate Planning

Estate planning deals with how an individual’s assets will be preserved, managed, and distributed after their death. It also considers the management of a person’s properties and financial obligations in the event that they become incapacitated. Assets that could make up an individual’s estate include realty, cars, investments, paintings, life insurance, pensions and debt.

Individuals have various reasons for planning an estate, such as preserving family wealth, providing for surviving spouse and children, funding children and/or grandchildren’s education, or leaving their legacy behind to a charitable cause. The most basic step in estate planning involves writing a will.

TPC can assist in the planning of how a loved one’s assets will be protected and optimised after their death, with the most tax-efficient outcome.