Insurance
Insurance is an important part of managing money matters. It’s a way to protect ourselves and our families against an unexpected financial loss. This might come about if something that’s precious to us is damaged or stolen. But it could also come from no longer being able to provide for our families because of illness or death. Having the right insurance in place can help bring peace of mind.
Insurance guide
Insurance types guide
Wills and insurance cover need reviewing whenever we have big life changes, like the birth of a child or separation.
Enduring powers of attorney
An enduring power of attorney (EPA) is a legal document giving someone the power to act for us if, at some stage in the future, we lose the ability to make decisions ourselves. There are two types of EPA – one for money and property and the other for personal care and welfare.
Without an EPA, no one else can deal with property or financial affairs on your behalf.
Enduring powers of attorney guide
Wills
A will formally sets out how our money and property should be dealt with after death. Most of us would probably rather not think about it, but we all need a will, no matter how old we are. Dying without a will can cause a lot of unnecessary stress and cost for the people we leave behind.
Wills guide
Family trusts
The aim of a family trust is to provide future benefits for close family members or to protect family assets. For example, many people in business use family trusts to protect their home in case their business fails.
Trusts aren’t for everyone – they can be costly and complicated. Get advice from a specialist trust lawyer or a professional trustee company.
Family trusts guide
