(02) 9188 3980

Self Assessment Test

Are you and your loved ones really “estate ready”?

Self Assessment Test

Take this quick informal test and we’ll provide feedback you should find useful.

Self-assess by answering the questions below choosing one of the following answers:

  1. No, not done
  2. Not quite sure
  3. Yes, all complete
  4. I don’t think this is relevant to me.

Please enter your email:

1. Have you considered whether you should restructure your discretionary trust and superannuation given the changes in the 2026 Budget and the Division 296 change before that?

 
 
 
 

2. Have you hosted a choreographed family meeting to explain to your family and decision-makers what you expect of them, given them a voice and a safe place to ask important questions and planned a process to fill in any gaps in their skills or abilities to make decisions well together, including a “pre-nup for siblings”?

 
 
 
 

3. Have you changed your Will since a child or grandchild turned 18?

 
 
 
 

4. Have you given financial support to any of your children to buy assets (e.g. a property?)

 
 
 
 

5. Have any of your children married, begun co-living with somebody or started a venture or business that could risk their assets?

 
 
 
 

6. Do you have a Power of Attorney that allows withdrawal of your parents’ superannuation and other assets to manage tax issues?

 
 
 
 

7. Do you have an Appointment of Enduring Guardian and Advanced Care Directive for yourself, your parents and your children?

 
 
 
 

8. If you are in a relationship or in business, have your parents used trusts in their estate planning documents so that you can protect any inheritance you may receive?

 
 
 
 

9. Considering current tax and superannuation rules, have you protected your loved ones from an adverse tax outcome?

 
 
 
 

10. Are your superannuation nominations up-to-date and renewed regularly. (It is recommended they be renewed in front of two independent witnesses, every three years.)