Category: Legal Checklists

Legal checklist for professionals to use in advising their clients.

Legal Checklist for Planners - Victoria.pdf

When advising clients who are moving into aged care or who may look to do so in the future, there are various important legal issues of which you, the financial planner, need to be aware. Below is a list of "conversation starters" for your clients which will assist. If you have any questions or concerns about your client's situation, please give us a call. Family loans? Your financial planning strategy for your client may involve borrowing money from their spouse or children to fund the RAD. Please remember it is crucial that any such family loan arrangements are properly documented, particularly from the perspective of (a) Centrelink; (b) avoiding estate issues or disputes; (c) transparency between family members; and (d) addressing any shortfall in the amount ultimately refunded. Wills Who is the executor? Ensure that your client has appointed an executor who is still alive and who has capacity (and will likely have capacity when the client passes away). Also, check that your client has appointed a substitute executor (i.e. somebody to act if the executor predeceases them or loses capacity). "I love you" Wills If your clients are a couple who give all their assets to each other in

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Legal Checklist for Planners - QLD.pdf

When advising clients who are moving into aged care or who may look to do so in the future, there are various important legal issues of which you, the financial planner, need to be aware. Below is a list of "conversation starters" for your clients which will assist. If you have any questions or concerns about your client's situation, please give us a call. Family loans? Your financial planning strategy for your client may involve borrowing money from their spouse or children to fund the RAD. Please remember it is crucial that any such family loan arrangements are properly documented, particularly from the perspective of (a) Centrelink; (b) avoiding estate issues or disputes; (c) transparency between family members; and (d) addressing any shortfall in the amount ultimately refunded. Wills Who is the executor? Ensure that your client has appointed an executor who is still alive and who has capacity (and will likely have capacity when the client passes away). Also, check that your client has appointed a substitute executor (i.e. somebody to act if the executor predeceases them or loses capacity). "I love you" Wills If your clients are a couple who give all their assets to each other in

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Legal Checklist for Planners - NSW.pdf

When advising clients who are moving into aged care or who may look to do so in the future, there are various important legal issues of which you, the financial planner, need to be aware. Below is a list of "conversation starters" for your clients which will assist. If you have any questions or concerns about your client's situation, please give us a call. Family loans? Your financial planning strategy for your client may involve borrowing money from their spouse or children to fund the RAD. Please remember it is crucial that any such family loan arrangements are properly documented, particularly from the perspective of (a) Centrelink; (b) avoiding estate issues or disputes; (c) transparency between family members; and (d) addressing any shortfall in the amount ultimately refunded. Wills Who is the executor? Ensure that your client has appointed an executor who is still alive and who has capacity (and will likely have capacity when the client passes away). Also, check that your client has appointed a substitute executor (i.e. somebody to act if the executor predeceases them or loses capacity). "I love you" Wills If your clients are a couple who give all their assets to each other in

Download >

Category: Legal Checklists

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