Wills and Estate Planning Adelaide: Create an Integrated Estate Plan That Works

There are lots of reasons why estate plans fail, including poor documents, failure to update them, careless titling of assets, and forgetting to nominate or update beneficiary designations.

Create an Integrated Estate Plan That Works

Then there are the situational problems, where there is a failure to properly address family issues and dynamics.

So how do you define an estate plan that will work for you and your family when it’s really needed?

Let’s take a quick look at some of the features I would ideally wish to see in an integrated estate plan:

It should give you access and control over your property while you are alive and well. This won’t be the case if your assets are jointly titled with someone other than your spouse or if you fail to follow through on the terms of a property settlement agreement after a divorce.