Jonathan Elcombe's Contact Details

Jonathan Elcombe's Company Details

LGen Estate Planning

Sydney, New South Wales, Australia • 6 Employees
Financial Services

Australian Baby Boomers and their Gen X heirs are underprepared for the largest intergenerational wealth transfer in history — $3.5 trillion over the next 20 years.Proper estate planning preserves your legacy from being held up in probate and eroded by avoidable taxes and unnecessary legal fees. It also ensures your last wishes are met with the minimum friction and emotional burden for your heirs.However, many Baby Boomers are leaving things to chance because estate planning can be expensive, especially when it has to take into account complicated financial arrangements, business structures, divorces, de facto relationships, blended families and any of an incalculable number of unusual or complex circumstances. LGen makes it possible to get professional Estate Plans done affordably.LGen brings together technology and expertise in wealth protection and estate planning to enable professional advisors to provide estate planning services affordably to their clients.Accountants and financial planners who subscribe to LGen's wealth system can offer their clients access to an automated tool that handles information gathering and task management for estate and succession planning. The platform scores and analyses the clients' answers, directing accountants and financial planners through next steps.The wealth system is supported behind the scenes by LGen's estate planning specialists, who are there to guide professional advisors in even the most complex circumstances to create a comprehensive estate plan comprising a revocable living trust, a will, a durable power of attorney for financial affairs and medical decisions, and a living will for end-of-life decisions.LGen produces these in formats that make it easy for a lawyer — a legal requirement — to provide the final advice.Clients receive expert advice on estate planning easily and affordably; professional advisors have access to an additional source of revenue providing a much-needed service.