Modern Australian Magazine
Men's Weekly

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Brisbane Road Accident Lawyers and Bus Accident Compensation

Navigating the aftermath of a road accident in Brisbane, especially one involving a bus, can be a daunting experience. Whether you’re a passenger...

Freezer Room Hire in Perth: The Ultimate Solution for Reliable Cold Storage

Ever found yourself in a cold storage crisis and wondering how to save your perishables before they go bad?   Well, this isn't something new. Pe...

Why Exterior Window Cleaning Is More Than Just Aesthetic

Most people see window cleaning as a finishing touch. Something you do before guests come over or when the smudges finally start to annoy you. It is...

How Duct Inspections Can Save You Money Long-Term

Ever noticed your energy bill creeping up without changing your habits? It is more common than you might think, especially in Melbourne homes where ...

Designing Secure Content APIs in Headless CMS Environments

APIs are what enable content to be delivered from a headless CMS to anywhere digital content can exist from websites and apps to IoT and more. Yet whi...

How to Choose the Right First Aid Kit for Your Workplace

Ever walked past your workplace first aid kit and wondered if that dusty box actually contains what you'd need in a real emergency? We know that fee...

The Role of Mining Equipment Suppliers in the Industry

Mining is one of the most essential industries, driving the global economy by providing raw materials for manufacturing, energy production, and infr...

From White Belt To Warrior: How To Train Your Body For BJJ Endurance

Brazilian Jiu-Jitsu (BJJ) is as much a mental chess match as it is a physical grind. Whether you’re new to the mats or prepping for high-level com...

Driving After Brain Injury: Common Challenges and How To Overcome Them.

Suffering a traumatic brain injury (TBI) can drastically influence a person's ability to drive safely. For many, driving represents independence, bu...

The Psychology of Stepping Up: Why We Avoid Helping—and How to Fix That

Most of us like to think of ourselves as kind, helpful people. We imagine that if someone needed assistance—especially in an emergency—we’d st...

Cross-Continental Collaboration: Nutifood and Viplus Dairy to Create Australian- Standard Premium Dairy Brand

Vietnam’s Nutifood has officially entered a strategic partnership with ViPlus Dairy, a heritage-rich dairy manufacturer with over 130 years of ex...

Commercial Plastering Can Boost Your Business Appeal

In business, appearances matter. The way your space looks sets the tone for how clients, customers, and even your staff perceive your brand. A well-...

Here’s why you must think about end of life planning

  • Written by NewsCo

In most people's minds, an estate plan is something for the ultra-wealthy or the elderly. It conjures up images of mansions, cars, yachts, art and fine jewellery, or of family members who are pressed to get their affairs in order before they decline into old age.

The fact is, there’s so much more to estate planning and everyone, regardless of age or financial status, should have a plan for their own and their family’s security.

Why estate planning is important

It’s important to know what happens if you die without a Will. Dying "intestate" means that the laws of your state or territory will apply to determine how your assets are divided. The court will appoint a representative to deal with your estate, which can be time-consuming and costly for surviving family members.

Above all, the outcome may be very different from what you ideally want in terms of how your property is handled, your loved ones are looked after, and your legacy is protected.

What’s involved in estate planning

Another misconception is that an estate plan is just about writing a Will.

An estate plan is about much more than just dealing with your property and assets after you die. It allows you to express preferences for medical and end of life care, guardianship arrangements for your children and pets and what legacy you want to leave through charitable donations.

Estate plans also allow you to take proactive steps to make your finances and family secure.

You can look for ways to legally minimise your tax bill or safeguard your family’s wealth through arrangements like Family and Testamentary Trusts. You can nominate someone to make decisions for you if you become incapacitated and can’t sign documents or make transactions. This is where documents like Powers of Attorney and Enduring Guardianships come into play.

What are the options for creating Wills and Estate Plans?

Preparing estate planning documents is not as complicated as you may think and there are a wide range of options you can use, including:

  • * Paper-based DIY Will and Power of Attorney kits from the newsagency or post office

  • * State or territory Public Trustee offices that provide DIY or semi-DIY estate planning services

  • * Consulting a lawyer to take your instructions and create documents for you

  • * Online Will platforms like Safewill that help you to create, update and store a Will easily and affordably online.

How to write an easy and legal online Will with Safewill

Writing a Will is the first step to getting started with your estate plan. So much of our lives are being managed online these days, and Wills are no different.

It’s no longer necessary to visit a lawyer and pay hefty legal fees – writing a Will is now easy for anyone with access to a smartphone or computer.

Safewill is on a mission to make Wills affordable and easy for everyone. Their modern approach to Wills means that you can create and update your bespoke online Will anytime, anywhere. With no lawyers’ fees or no hidden costs, Safewill offers smart Wills for modern life.

Holidays & Travel

Slowing Down in Nature: My Experience on Orchid Classic Cruise in Lan Ha Bay

Why Orchid Classic is a Top Choice for Lan Ha Bay Lan Ha Bay, a hidden gem adjacent to the more famous Ha Long Bay, offers travelers a quieter and more...

How to Reduce Turbo Lag with an Upgraded Mazda BT-50 Exhaust System

Are you struggling with turbo lag affecting your driving experience?  Did you know upgrading your Mazda BT-50 exhaust system could be the key to unlocking smoother acceleration and enhanced vehicle performance? Exhaust...

Surprise Party Ideas That Will Leave Your Guests Speechless

Throwing a surprise party is one of the most exciting ways to celebrate a special occasion. The thrill of keeping it a secret combined with the joy of watching the...

The Most Scenic Sailing Destinations in Australia and New Zealand

Australia and New Zealand are home to some of the world’s most breathtaking sailing destinations. With vast coastlines, pristine waters, and diverse landscapes, these countries offer incredible opportunities for sailors...

A Guide to Finding Caravans for Sale for Your Australian Road Trip

From the rugged Outback to stunning coastal drives, there's no better way to explore Australia than in a home on wheels. If you're considering joining the caravan community, you're likely...

Must-Have Outdoor Gear for Your Next Trip

 Introduction Getting ready for your next outdoor adventure but not sure what gear makes the cut? Selecting quality equipment optimized for the conditions helps ensure fun and safety during backcountry trips...

5 Innovative Caravan Accessories to Enhance Your Travel Experience

Caravanning offers a unique and liberating way to explore the world around us. Whether you're a seasoned traveler or embarking on your first adventure, having the right accessories can significantly...

Conventional Tent or Roof Top Tent? Which Is Better for Camping in Australia?

For camping in Australia, it depends on factors like terrain and climate. A roof top tent is sturdy in rugged areas and elevates you above ground risks. In flat places like parks...

Choosing the Best Boat Seats: A Comprehensive Guide for Water Enthusiasts

Boat seats are not just about providing comfort during your time on the water; they can significantly impact your overall boating experience. Whether you're cruising leisurely, fishing, or engaging in...

Fashion & Beauty

The Best Nail Art for Short Nails

Short nails often get overlooked in the world of nail art, but they’re actually the perfect canvas for stylish, sophisticated designs. Whether you prefer bold patterns, minimalist details or soft...

Davines Sustainable Haircare: Revolutionizing Eco-Friendly Beauty Solutions

Davines is a well-known brand in the world of haircare, known for its high-quality products that deliver exceptional results. Its commitment to sustainability and unique haircare philosophy sets Davines apart...

High Visibility Work Shirts: A Must-Have for Workplace Safety

Workplace safety is a necessity. Workers from construction sites to manufacturing units should be visible for their well-being and they have it by wearing high visibility work shirts. Yes, when...

Polo Shirts: Wardrobe Essential for All

Polo shirts have started the journey as sportswear. But now, these are regarded as the best workwear. Also, people love to wear them for personal gatherings and more. These are...

Biz Collection Workwear: Premium Uniforms for Australian Professionals

In this modern era, the presentation of the team matters the most in the growth of companies. The professional appearance attracts clients’ attention and doing the deal becomes easy. The...

Functional and Fashionable: The Rise of Ladies Workwear in Australia

A perfect change in the Australian workforce has been happening in recent days. Women are contributing a lot in the male-dominated workplaces. They are doing excellent there. So, the Australian...