Estate administration refers to paying debts and taxes and distributing assets to the beneficiaries as specified in a will. The person who administers an estate is called an executor.
Appointing a professional executor is becoming more commonplace because:
I needed an impartial executor as I was not providing equally for my children and I didn't want to burden my other children with the role of Executor.
Australian Unity Trustees have taken so much pressure and uncertainty away from me. I feel so much better knowing they are there. I trust Australian Unity Trustees 100%. I have trusted them with my life and beyond.
Judith, South Australia
You can appoint us as your executor in your will or, if you’re an executor for someone who has passed away, and you wish to renounce your role, we can accept the executor role for you. If we are appointed, you can be assured your wishes will be followed and your estate administered effectively and in a timely manner.
We can work alongside an appointed executor to provide guidance and assist with specific tasks.
Estate planning is far more than just having an up-to-date will. It specifies how your assets will be distributed, protects beneficiaries, and ensures your final wishes are observed.
If appointed as your financial attorney (via an enduring power of attorney), we can help protect and manage your assets in the event you lose capacity. We can also provide assistance to other nominated attorneys.
If you lose capacity and you do not have an enduring power of attorney we can be appointed as your financial administrator to manage your affairs for you. Always acting in your best interest. We step into in your shoes’ and only ever act with your best interests in mind.
We can help you protect your assets by establishing a trust, for example, which may provide wealth creation and other benefits for you and your family.
We can help you create a meaningful and ongoing legacy, that can start during your lifetime or on your passing and will continue to benefit future generations or causes close to your heart through charitable giving.
We provide taxation advice to executors administering an estate; we aim to minimise any taxation liability of the estate and seek to prevent an executor becoming personally liable for any taxation consequences. We also provide business, Self-Managed superannuation fund and personal taxation advice including the preparation of tax returns
Investment bonds are a way to save for the future and can be used as an alternative tool in estate planning. Investment bonds have unique benefits including tax-free death benefit payments for beneficiaries and increased protection against estate challenges
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Nothing on this site represents an offer or solicitation by Australian Unity Trustees in relation to securities or investments in any jurisdiction. Where a particular financial product is mentioned, you should consider the Product Disclosure Statement before making any decisions in relation to the product and Australian Unity Trustees makes no guarantees regarding future performance or in relation to any particular outcome. Whilst every care has been taken in the preparation of this information, it may not remain current after the date on which it is published, and Australian Unity Trustees and its related bodies corporate make no representation as to its accuracy or completeness.