MACQUARIE ADVISER SERVICES Estate Planning – What’s your legacy? PRESENTED BY JOHN CITIZEN AUGUST 2008

MACQUARIE ADVISER SERVICES Agenda Make a will, now Who gets your Super? Life insurance Structure Power of Attorney What to consider PRESENTATION FOOTER – AUGUST 20082

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Make a will, now $46m has been transferred to the NSW Treasury over the past five years due to unclaimed estates or individuals who died intestate. Public Trustee, NSW

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Why don’t you have one Many overlook the need for a will altogether. Others have wills that have become inappropriate. If you have an asset you need a will. Your money – where you want it. And not just money

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Who gets your Super? Your Superannuation is likely to be one of your largest assets. Getting the structure right – how effective is your bequest? Does the legislation accommodate your intention?

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Life insurance Insurance should meet the needs of those who are dependent on you. Similar considerations to superannuation apply. New legislation also makes insurance through super attractive.

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST The right structure Investment structure forms a key part of the estate planning process. What provides tax effective wealth distribution to your loved ones?

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Family trusts

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Power of Attorney – do you need one? An effective tool in wealth protection. Broadly, there are two types: –General Power of Attorney –Enduring Power of Attorney Choose wisely and be specific.

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Things to consider Estate planning is complex and legalistic. Uninformed choices could have the opposite effect of what you intended. Don’t leave the responsibility to someone else Do seek help

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST What to talk about Do you have a will? (Is it current?) Do you have an executor? Have you arranged a Power of Attorney? Is your Estate Plan easy to administer? Is a Self Managed Super Fund right for you? Should you set up a Family Trust?

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST What to talk about What are the cost, tax and estate planning implications of running your life insurance through your superannuation? How can you best minimise the tax implications for your beneficiaries? Are there family issues that may effect your financial decisions. (Divorce, children from a previous marriage, dependent parents, etc).

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Many people haven’t even got a valid will, let alone a comprehensive, tax-effective Estate Plan which will protect and provide for their loved ones. By seeking professional advice now, you can make life easier for those you care about.

MACQUARIE ADVISER SERVICES PRESENTATION FOOTER – AUGUST Any questions?