It is about ensuring the right funds end up in the right hands at the right time.

Estate planning is about wealth succession – a way to help protect the wealth you have built over your lifetime so that it is distributed according to your wishes following your death or inability to make decisions on your own behalf.

A large part of your life is spent working to earn money to look after yourself, to provide for your family and to save for the future. Given the focus that is placed on creating wealth while you are alive, it seems logical to want some control over what happens to these assets once you are gone.

Estate planning is about giving you control to make sure that the people you care about are looked after once you are gone, and your assets are passed on to the people you want to receive them.

Estate planning is beneficial for everyone. The more complicated your personal and financial affairs, the more important it is to have an estate plan.