Estate & Succession Planning
Estate & Succession
Planning
Your legacy is more than wealth, it’s the impact you leave behind. At VISIS Private Wealth, we help ensure that what you’ve built continues to create value long after you. Through thoughtful estate and succession planning, we structure your wealth to reflect your wishes, support those you care about, and preserve what matters most. Our advisers guide you through every step with clarity and care, translating complex considerations into strategies that are simple, effective and deeply personal. Whether your legacy involves family, philanthropy, or both, our goal is to ensure your wealth transitions smoothly – to loved ones, to future generations, or to causes that define your values. Because the greatest measure of success is the difference your wealth can continue to make.
Estate & Succession Planning considerations include:
- Superannuation – Giving a binding death nomination to the trustee of your superannuation fund.
- Small business or partnership – This may be subject to a buy/sell arrangement with the other partners. In these circumstances your share of the business would automatically pass to the remaining partners (usually in exchange for the proceeds of an insurance policy).
- Power of Attorney – This is a legal document that appoints another person to make legal and/or medical decisions on your behalf. It is particularly useful should something happen where you are temporarily unable to sign documents.
- Do you need a Testamentary Trust? This is a trust created in a person’s will, which is activated upon the death of that person. Instead of assets passing directly from one person to another, the assets are passed to the Testamentary Trust and then administered by the designated trustee – usually a family member, a trustee company, accountant or a solicitor.
- Superannuation – Giving a binding death nomination to the trustee of your superannuation fund.
- Small business or partnership – This may be subject to a buy/sell arrangement with the other partners. In these circumstances your share of the business would automatically pass to the remaining partners (usually in exchange for the proceeds of an insurance policy).
- Power of Attorney – This is a legal document that appoints another person to make legal and/or medical decisions on your behalf. It is particularly useful should something happen where you are temporarily unable to sign documents.
- Do you need a Testamentary Trust? This is a trust created in a person’s will, which is activated upon the death of that person. Instead of assets passing directly from one person to another, the assets are passed to the Testamentary Trust and then administered by the designated trustee – usually a family member, a trustee company, accountant or a solicitor.
