Table of Contents

About the author vii Acknowledgements ix Preface xi Part I: Understanding estate planning 1 1 What is estate planning? 3 2 Estate assets 11 3 Intestacy 19 Part II: The will 27 4 Planning your will 29 5 Appointment of executors 39 6 Contents of the will 55 7 Updating, revoking and storing your will 75 8 Protecting your will from challenge 83 Part III: Trusts and estate planning 95 9 An introduction to trusts 97 10 Types of trusts 109 11 Testamentary trusts 123 12 Capital-protected and protective trusts 139 13 Proceeds trusts 157 Part IV: Taxation and superannuation 169 14 Taxation and death 171 15 Death and superannuation 183 Part V: Lifetime planning 203 16 Powers of attorney 205 17 Binding financial agreements 225 18 Business succession and estate planning 229 19 Life insurance 241 20 Planning ahead - arranging your funeral 247 Part VI: Estate planning and elder law 251 21 Centrelink and estate planning 253 22 Centrelink and the treatment of private trusts and companies 263 23 Reverse mortgages 275 24 Aged care 283 25 It's up to you now 295 Glossary 297 Appendix: Step-by-step estate planning guide 303 Index 305

About the Author

Andrew Simpson has been helping Australians put their affairs in order for over two decades. Andrew is a Principal Lawyer and the head of Wills and Estates at Maurice Blackburn Lawyers.