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CFL Financial location Level 9, 360 Queen Street Brisbane, QLD 4000
fax CFL Financial 07 3328 8999
phone CFL Financial 07 3328 8988
Email CFL Financial mail@cflfinancial.com.au

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

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The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

Deciding on an executor

Posted on Mar 31, 2016 by CFL Financial

Whether you are updating or creating a Will, designating an executor is not an easy decision.

The role of executor requires a great deal of commitment. The executor of a Will holds the responsibility of administering your estate and ensuring your wishes are carried out in a time-efficient manner.

When choosing an executor, a will maker must consider who is best to take on the role and associated responsibilities. There can be more than one person nominated as executor for the Will. In many situations, the executor(s) can also be a beneficiary of the estate.

Some of the immediate responsibilities of an executor include arranging the funeral, requesting and obtaining the death certificate, finding the original copy of the Will and beginning to protect and insure assets – such as changing locks on property and photographing expensive assets.  

The executor is also responsible for obtaining probate, collecting any debts or investment income, claiming life insurance, selling assets and distributing the remainder on the estate. The full administration of a deceased estate can take up to a year.  

Due to a large amount of responsibilities, it is best to discuss the role of executor with the intended person(s) before you nominate them in your Will. The nominated executor should also be informed of where your Will is kept.

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

Retirement-prosperity-thumbnail

The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

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Email:
Phone: 07 3328 8988
Fax: 07 3328 8999

Office Location:
Level 9, 360 Queen Street
Brisbane
QLD 4000

Postal Address:
GPO Box 2468,
Brisbane,
QLD, 4001

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