“Faith is essential in your success. Faith is needed in almost every area of our lives: work, projects, and small business endeavors,” – Alex Cook
An important question each of us needs to answer at some point in our mid-adult life. Do you REALLY know “what happens to your money when you die?”. It is surprising that 40% of Australians die without a will in place! If you’re reading this today consider it a sign to understand the process of Estate Planning 101.
There are 3 main principles revolving around estate planning 101. In your mid-adult life, please pray and plan an introduction, put this in your life radar. Do not pass the age of 40 without this plan. As a financial counsellor, I tell my clients to focus their estate plan on having 3 important areas: having the right amount of money, in the right hands, at exactly the right time.
One of the most exciting topics I would like to discuss is Estate Planning 101. Statistically, a topic that most people would not think about, but 100% of us really need to plan on what happens to our money WHEN we die. Similar to birth, and taxes, our death needs a plan.
Without an estate plan, The government will step in to manage your money according to law. Protect your family as early as you can and ensure they are all set by your hard-earned money.
We have a special course to help you plan your estate.
Too often most of us spend the first half of our lives scrambling; building a career, buying a home, starting a family that it can be easy to lose sight of the purpose that God had for us. This course will help you get your finances on the trajectory of financial independence, without losing your God dependence, and reignite your purpose for your second half!
Read more posts about estate planning by clicking here.
OTHER ARTICLES
A very insightful discussion on a Christian’s financial investments. As God’s stewards, we are called to generate strong financial returns on our investments. Wisdom would likewise guide us to place it on projects, and companies that are very close to our faith, values and beliefs.Â
Set cash aside for savings, also to prepare for financial opportunities that may present themselves. Diversify and invest in high-quality assets. The impact of war on our finances is imminent, but when you plan and commit it to the Lord, He will be your shelter and shield. Proverbs 16:3 assures us “Commit your work to the LORD, and your plans will be established.”
Take a look around the world and you would agree that the world is very different. It has changed. Natural and man-made disasters, COVID-19, and of course, war. The impact of war on the world’s economy is unprecedented as we see countries coming together to wage not just armed conflict but economic conflict as well.
0 Comments