Estate planning services

Estate planning is, essentially, the accumulation, management and utilisation of assets during your lifetime and the planning of its effective distribution upon your death.

In addition, Moore Wealth Management offers an Estate Planning service to allow our clients to structure their affairs so as to minimise inheritance taxes and probate costs. We manage our clients’ asset bases in the event of their incapacitation or death, including the bequest of assets to heirs and the settlement of estate taxes. 

A few major estate planning duties Moore Wealth Management undertakes include:

• creating a will
• limiting estate taxes by setting up trust accounts in the name of beneficiaries
• establishing a guardian for living dependents
• naming an executor of the estate to oversee the terms of the will
• creating / updating beneficiaries on plans such as life insurance
• establishing annual gifting to reduce the taxable estate and
• setting up durable power of attorney (POA) to direct other assets and investments

Estate planning is an ongoing process and should be commenced as soon as one has any measurable asset base. As one’s life progresses and one’s goals shift, the estate plan should move to be in line with new goals. Moore Wealth Management will assist you not only in establishing those goals, but in actualising and managing them.