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July 5, 2024

Confronting Estate Planning Challenges for the Modern Family

Over the next two decades, an astounding $6.2 trillion of wealth will be transferred to the next generation. In Australia, the annual inheritance amount is set to quadruple over the next 25 years. These figures are not just numbers; they represent the significant financial shifts that will impact families across the nation.

Consider these compelling statistics:

  • 49% of today’s national wealth is held by the baby boomer generation.
  • By 2050, 1 in 3 Australians will be over 65.
  • By 2050, 1 in 4 Australians will be over 85.
  • 1 in 2 Australians will be diagnosed with dementia by the age of 85.
  • 1 in 2 Wills are likely to be challenged.

These facts highlight the undeniable complexity of modern family structures, which are becoming increasingly diverse and intricate due to changing demographics and the prevalence of multiple relationships within families.

Join Us for an Interactive Seminar

Hill Legal invites you to an engaging and informative seminar that delves into the complex estate planning issues faced by modern families. This hour-long seminar will explore available solutions and strategies to help you navigate these challenges effectively.

Topics We Will Cover:

  • Conflicting Interests in Blended Families: Addressing life interests and restricted superannuation pensions.
  • Defacto Relationships: Understanding when they legally start and end, and the rights of surviving defactos to claims upon estates and superannuation death benefits.
  • Asset Protection Issues:
    • Protecting your wealth upon your passing and when your spouse re-partners.
    • Safeguarding your estate for children experiencing relationship breakdowns.
  • Minimising Tax on Death: Strategies to reduce tax liabilities upon death.

During the event, we will introduce “Life Vault“, a groundbreaking tool designed to facilitate the seamless transfer of critical documents and information to executors and attorneys. Additionally, we will demonstrate our new online Estate Planning Solution, developed in collaboration with Inherit Australia. This innovative tool allows clients to be interviewed online by a legal bot, Chris Hill, to create or amend their wills or estate planning documents cost-effectively and seamlessly.

Take Control of Your Legacy

Don’t miss this opportunity to take control of your legacy. Join us for our LIVE seminar on 7th August 2024 at the Rosebud Country Club. To secure your spot, please book your tickets here, or scan the QR code below. Further details are below.

Date: August 7th, 2024

Venue: Rosebud Country Club – 207 Boneo Road, Rosebud 3939

Time: 6:15pm Registration for a 6.30pm start to 7.30pm

Light refreshments and canapes will be served afterwards.

This is your chance to gain invaluable insights and practical advice on estate planning tailored for the modern family. If you have any questions, please send us a message or call our office on 03 5976 6500. There is limited availability, so don’t miss out and secure your tickets NOW!

We look forward to helping you navigate the complexities of estate planning and ensuring your legacy is protected for future generations.

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4 Responses

    1. Hi Rob,
      Thanks for reaching out, the event is planned for 7th August 2024 and we hope to confirm this in the coming weeks. I’ve had an overwhelming response to the expression of interest so looking forward to a great night and event!
      Best Regards,
      Hill Legal.

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