It's never nice to think about death and what will happen when you're gone, but it is important to have a plan mapped out in case a tragedy occurs.

Talking about our plans for when we pass away is a very sensitive topic, one that most people would rather avoid.

The answer is yes, most average Australians do have an Estate, and it’s not just wealthy people or those who own property.

Deciding how you want your assets distributed when you die is one of life’s most important tasks. There’s a lot we can learn from wealthy people about the best way to approach estate planning.