EOFY 2026 and Estate Planning: What Perth Families Should Do Before 30 June

Why EOFY Is a Good Time to Review Your Estate Plan

The end of the financial year tends to prompt a review of finances: tax returns, super contributions, and investment decisions. But EOFY is also one of the most practical times to look at your estate planning, and here’s why.

As the financial year closes, many families find themselves in a clearer position about their assets, income, and what they are passing on. Superannuation balances are updated. Property valuations have been recently reviewed. Business structures may have changed. These are exactly the triggers that should prompt a check on whether your Will, powers of attorney, and trust structures still reflect your wishes and your situation.

Has Anything Changed in Your Life This Year?

Estate planning documents are not set-and-forget. Any of the following should prompt a review before or after EOFY:

• You have married, separated, or divorced
• You have had a child or grandchild
• A beneficiary or executor named in your Will has died
• Your financial position has changed significantly, including through property, business, or superannuation
• You have received or are expecting an inheritance
• A family member has become ill or incapacitated
• You have moved interstate or overseas, or your assets are now held in another jurisdiction

Even if none of these apply, a Will that has not been reviewed in three to five years is worth revisiting.

What TLS Law Has Been Helping Perth Families With This Year

Over the past financial year, the team at Tactical Legal Solutions has worked with over 500 Perth individuals and families across a range of estate planning and estate administration matters. Some common themes from 2025-26 include:

Updating Wills to Reflect Blended Families

With more Australians in second or subsequent relationships, structuring a Will to fairly provide for both a current partner and children from a previous relationship requires careful thought. We have seen a steady increase in families coming to us to untangle existing Wills that no longer reflect their reality.

Establishing Testamentary Trust Wills

Interest in testamentary discretionary trusts has increased noticeably this year, partly driven by recent policy discussions around trust taxation. Families are increasingly asking whether a standard Will is enough, or whether a testamentary trust structure offers better protection and flexibility for their beneficiaries.

Probate and Estate Administration After a Loss

We have supported many families through the probate process following the death of a loved one. This includes both straightforward applications and more complex matters involving foreign Wills, contested estates, and letters of administration where no Will existed.

Enduring Powers of Attorney (EPAs) and Enduring Powers of Guardianship (EPGs)

As the population ages and awareness of cognitive decline grows, more clients are coming to us to put EPAs and EPGs in place, not just for elderly family members but for their own peace of mind. An EPA and EPG ensures that if you lose capacity, the person you trust is legally empowered to act for you.

What to Do 

If you are considering updating your estate plan, the lead time to get documents properly drafted and executed is typically two weeks depending on complexity. That means now is the right time to make contact.

At TLS, our initial process is straightforward. You can start online, by phone, or by booking an appointment at our South Perth office. We will assess your situation, let you know what documents you need, and provide clear advice on how to proceed.