Sage Executor Solutions

For all my followers that are asking for options for secure online document storage - this is one of the platforms I would recommend 🙏🏼

✍🏼 Planning for the Future: Key Topics in the After Death Pre Planning Package 📦 5️⃣ Updating Centrelink Assets & Income 📢 When a loved one passes away, it’s crucial to update Centrelink, the Department of Veterans Affairs, and Child Support within 28 days. This prevents any incorrect eligibility payments from continuing, which the Executor would be required to repay. It’s also an ideal time for dependents or interdependents of the deceased to review their Centrelink means-tested entitlements. Your assets—such as the family home, vehicles, bank balances, and other property—impact the calculation for pension payments. Ensuring everything is accurate can help prevent underpayments or overpayments that might need to be paid back later. Additionally, My Aged Care funds, which go towards home or residential care, can also be affected. 🔑 Get the Right Help Navigating these changes can be complex. We can connect you with Centrelink and financial specialists to make sure you’re getting the maximum entitlement and avoiding any future issues. Expert advice is the best way to achieve peace of mind during a difficult time. #Centrelink #FinancialAdvice #PensionEntitlements #MyAgedCare #ExecutorDuties #EstatePlanning #PeaceOfMind

🎧 Tune in this festive season to my podcast episode featured on the Critical Info Don't be Caught Dead Podcast ➡️ https://lnkd.in/ggaxB9Sh

✍🏼 Planning for the Future: Key Topics in the After Death Pre Planning Package 📦 4️⃣ The Cost Considerations of Estate Planning 💼 When someone passes away, managing their estate comes with various costs that can add up quickly. Understanding these expenses upfront can help reduce stress during a challenging time. Here’s a breakdown of some of the common costs involved: Grant of Probate: $1500 - $4000 Financial Advice: $2200 - $5500 Tax Accounting: $600 - $2000 Aged Care Advice: $3000 - $6000 Funeral Expenses: From $2000 As an Executor, you’re responsible for covering these costs and settling any outstanding liabilities. Although you can be reimbursed from the estate, banks often require a Grant of Probate or Letters of Administration before releasing funds. (Refer to our last Reel for more details!) If you’re a surviving spouse or dependent without enough money set aside or joint bank accounts, these costs can create significant stress. The banks will freeze any single accounts, including credit cards of the deceased, even if you are a supplementary card holder. Planning ahead and understanding what you’re up against is crucial to avoid unexpected financial strain. Stay informed, plan ahead, and ensure peace of mind for you and your loved ones. 💙 #EstatePlanning #Executor #Probate #FinancialPlanning #AgedCare #FuneralExpenses #PeaceOfMind

Rosalie and I had crossed paths on a couple of occasions before she was referred to work with me by a reputable SA Wills and Estate Planning lawyer. It's the connections we make and knowledge we share that lightens the load for Executors and those that are grieving "If you are looking for expert, individualised, compassionate help navigating all the legal paperwork after (or before) your loved one's death, making life easy is the way to go with Sage Executor Solutions to guide your every step on this emotional journey with ease. You will be so pleased you did. Danielle in addition for the paperwork help is also a JP. A full package deal."

💼📊 Why Keeping Good Records for Crypto is Non-Negotiable! 🚀🔐 If you're investing in or trading cryptocurrency, keeping accurate records isn't just a nice-to-have—it's essential. Here's why: 💰 Tax Compliance: Governments worldwide are cracking down on crypto tax reporting. From capital gains to staking rewards, detailed records ensure you don’t overpay (or underpay) taxes. 📉 Tracking Your Portfolio: Knowing your cost basis, gains, and losses helps you make smarter decisions and understand your real profit. 🛡️ Security & Transparency: Good record-keeping means you'll always have proof of transactions in case of discrepancies or disputes. 💡 Future-Proofing: Crypto regulations evolve fast. Staying organized now saves headaches when new laws emerge. 🖋️ Pro Tip: Use tools like spreadsheets or specialized crypto tax software to track trades, wallet addresses, and transaction details. Back up everything securely! Good records aren’t just for compliance—they’re for peace of mind. 🌟 hashtag #CryptoTax #CryptoTips #FinancialWellness #Blockchain

✍🏼 Planning for the Future: Key Topics in the After Death Pre Planning Package 📦 3️⃣ Will you need to apply for a Grant of Probate?👩⚖️ When someone passes away, their estate is managed by an executor (if there’s a Will) or an administrator (if there isn’t). The Grant of Probate is a process whereby a deceased’s Will is validated as being his or her last Will, allowing the executor to administer the estate. If there’s no Will, the estate is distributed based on state legislation, and a next of kin applies for Letters of Administration. 💡 Key takeaway: Probate ensures estates are managed lawfully and protects institutions (like banks) holding the deceased’s assets. 📝 Real estate, shares, or large sums of money usually require Probate. If you still aren’t sure about your specific situation, reach out and we can connect you with a specialist probate lawyer in your state. #Probate #EstatePlanning #WillsAndEstates #GrantOfProbate #EstateAdministration #Inheritance #LegalAdvice #ExecutorDuties #Wills #EstateLaw #LegalProcess #EstateManagement

✍🏼 Planning for the Future: Key Topics in the After Death Pre Planning Package 📦 2️⃣ Documents to Have on Hand for Estate Planning 💼 Did you know there are over 40 administrative items involved in managing a deceased estate – and that’s before we even talk about a grant of probate? To save yourself (or your loved ones) the stress of searching through endless files, start organizing these essential documents now: 📄 Insurance policies 🏠 Property titles 💡 Utility bills 💳 Bank account details 📈 Shareholdings 💼 Superannuation policies 💻 Cryptocurrencies, social media logins, and online memberships When we prepare your customized DIY estate roadmap, we include all provider-specific details, offering executors a clear, step-by-step process to notify organizations, access closure forms, and contact details for bereavement departments. But first things first: Gather and organize these documents to avoid chaos later. 💡 Need help with the process? Reach out today! #EstatePlanning #Probate #EstateAdministration #OrganizedLiving #FinancialPlanning #WillPreparation #InheritancePlanning #EstateManagement #FinancialWellness #DocumentOrganization #PeaceOfMind #EndOfLifePlanning #ExecutorTips #LifePlanning #financialsecurity

💡 Estate planning is more than just a will! The 2024 Inheritance & Retirement Report highlights the importance of planning and managing your legacy early: ✔️ Rising costs & family complexities demand thorough planning. ✔️ Estate planning covers financial, property and personal matters ✔️ Ensuring you select an appropriate Executor for the role ✔️ Professionals ensure accuracy, up-to-date plans, and fewer disputes. Plan early, review often, and secure your future! Balancing legacy wishes and retirement needs is increasingly vital. At Sage Executor Solutions we ensure a holistic plan is put in place to complement your will and estate planning matters, reducing the burden and overwhelm when it comes time for your Executor to mobilise. 🔗 Read more in "The Inheritance & Retirement Report 2024" below #EstatePlanning #RetirementPlanning #Executor

💬 "We won’t need the full hour consult; Dad's affairs are very simple and straightforward." That’s how a recent call started with someone who had just lost their father. 1 hour and 20 minutes later, we uncovered 34 out of 40 tasks the Executor needed to address. The takeaway? You don’t know what you don’t know. When it comes to handling estates, there’s often more beneath the surface than you’d expect. 📝🔍 Taking the time to double-check ensures nothing important is overlooked. It’s always worth the call. ✅ #EstatePlanning #ExecutorDuties #LifeTips