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NSW Advisers: Are Your Clients’ Estates Fully Protected?

Writer's picture: Inherit TeamInherit Team

New South Wales' notional estate laws allow courts to consider assets beyond a person’s actual estate when distributing assets after passing. This means that trusts, superannuation funds, and other structures your clients believe are excluded from their estate may still be subject to claims.



Advisers working with NSW residents should carefully assess all assets, including those held outside the estate, to ensure their clients’ estate plans align with these unique laws. Reviewing beneficiary designations, updating wills, and ensuring trust structures are aligned can help mitigate risks. Estate planning is not just about drafting documents - it’s about ensuring a client’s wishes are properly carried out while minimising potential disputes.



Regular plan reviews, tax-efficient strategies, and clear communication with family members are essential steps in protecting a client’s legacy. Given the complexities of NSW’s estate laws, seeking advice from an estate planning specialist who understands these nuances can provide valuable peace of mind.


Note: Always seek advice from qualified estate planning lawyers when working with clients. We have a number of NSW firms on the Inherit Australia legal panel to help you manage the complexities of notional estate laws.

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Inherit Australia is located on the picturesque Mornington Peninsula, just an hour's drive south of Melbourne. Our local team, boasting over 50 years of combined experience in legal and technology, is committed to addressing the complex challenges of estate planning. From Power of Attorney documents to comprehensive estate plans, we cater to a diverse clientele, including retail customers, financial advisers, and legal professionals. Our proprietary software and data, proudly 100% Australian-owned, designed, and hosted, underscore our commitment to delivering secure and tailored estate planning solutions.

At Inherit Australia, we understand that your information is sensitive. In order to setup your account we need to verify your email address to ensure your identity. This will allow you to access your data in the future and communicate with us from a verified email address or Google account.

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Your sensitive data is also encrypted at the application layer using a random key and seed generated exclusively for your Life Vault. The keys and seeds are stored in corporate-grade key storage hosted separately from your data and maintained by Microsoft Azure.


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