Episode #30
Episode 30 - Estate Planning for Expats in Singapore
What would happen to your family, assets and affairs if something happened to you tomorrow? It's a question many Australian expats avoid, but one that becomes increasingly important as wealth, family responsibilities and cross-border complexities grow. In Episode 30 of the Money Side Up Podcast, co-hosts Jarrad Brown, Senior Financial Planner for Australian expats based in Singapore, and Will Cant, Associate Director at Ally Wealth, are joined by estate planning specialist Lucy d'Ambrumenil to discuss the estate planning issues every Australian expat should understand. Before diving into the interview, Jarrad and Will also discuss the latest developments affecting expats, including the proposed non-resident CGT indexation changes, the growing number of Australian business owners exploring life overseas, the planning challenges involved in leaving Australia, and the outlook for the Australian dollar. In this episode, we cover: The latest update on the proposed Capital Gains Tax indexation rules and what they could mean for Australian expats Why more Australian business owners are considering moving overseas and the tax and structuring implications involved The current outlook for the Australian dollar and key considerations for expats managing money across borders Why estate planning is often overlooked by expats until it's too late Whether an Australian Will is enough once you move overseas The common and costly mistakes expats make with Wills and estate planning How to approach estate planning when you own assets in both Australia and Singapore Whether you should have one Will or separate Wills across multiple countries Why guardianship arrangements are critical for families with young children The role of Enduring Powers of Attorney, Living Wills and Advance Medical Directives What can happen if you become incapacitated without the proper documents in place Additional estate planning considerations for business owners and those with investment structures The practical steps Australian expats can take now to better protect their families and wealth Whether you're building wealth overseas, raising a family in Singapore, running a business across borders, or planning your eventual return to Australia, this episode highlights the often-overlooked risks and planning opportunities that can have a lasting impact on your loved ones. Estate planning isn't just about what happens after you're gone. It's about ensuring the right people can make the right decisions at the right time, no matter where life takes you. This episode will help you understand what needs attention today so your family isn't left facing unnecessary complications tomorrow. Connect with Us: Website : https://moneysideup.com.au Facebook : https://www.facebook.com/moneysideup LinkedIn : https://www.linkedin.com/company/moneysideup YouTube : https://www.youtube.com/@MoneySideUpPodcast Subscribe & Listen: Available on all major podcast platforms: Spotify, Apple Podcasts, and more. Feedback & Questions: We'd love to hear from you! Whether you have a question for us, or just want to drop us a note - reach out at info@moneysideup.com.au Disclaimer: The content of this podcast is for informational and entertainment purposes only and should not be considered as financial advice. Always seek professional advice from a licensed financial adviser or tax agent for your personal financial matters. Support Us: If you enjoyed this episode, please leave us a 5-star rating and review on your preferred podcast platform. It really helps us reach more Aussies around the world! Upcoming Episode: Don’t miss our next episode where we're interviewing an excellent guest, and covering the latest need to know personal finance information for Australians at home and abroad. Stay tuned!
