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Hi Sean Here. In This Episode Of The Infinity Fast Five We Cover The Important Topic Of
Wills & Estate Planning. So Here We Go. Put Simply, A Will Is A Legal Document Where You
State How You Want Your Assets Distributed After Your Death. A Will Allows You To Choose
A Guardian For Your Children, If They Become Orphans And To Nominate An Executor Who Is
Responsible For Making Sure Your Wishes Are Carried Out. Estate Planning Covers More Than
Situations Where You Die, It Can Cover You If You Are Incapacitated Or Can't Make Decisions
For Yourself. Such As If You Are Overseas or If You Are Injured And Unable To Communicate.
A Complete Estate Plan Would Include Your Will, A Power Of Attorney, An Enduring Guardianship
& May Also Include Other Important Documents. If You Die Without A Will, You Have Died Intestate.
Despite Your Wishes, The Law Will Determine Who Gets Your Assets. And That Could Cause
Unnecessary Emotional And Financial Hardship For Your Family. Without A Will You Have No
Control Over The Distribution Of Your Assets. If You Are Incapacitated You Will Be Taken
Care Of As You Have Defined In Your Estate Plan. If You Die You Maintain Control Over
The Distribution Of Your Assets To Ensure Your Loved Ones Are Looked After. If You Die
Without An Estate Plan, The Government Will Control Who Gets Your Assets. And This May
Mean They Go To The Wrong Person. Don't Think Of Your Will As Being All About Death,
It's Actually About The Loved Ones You Leave Behind. A Will Allows You To Plan For How
Your Family & Loved Ones Are Taken Care Of When You Are Not Around. You Should Always
Educate Yourself Before Making Any Financial Decisions. Contact Us Now To Discuss Your
Will & Estate Planning Needs.