A great honour for the Maltese Community Council of NSW to receive His Excellency Dr. George Vella, the Honorable Minister Stefan Zrinzo Azzopardi and his wife, Sylvana accompanied by the Malta High Commissioner to Australia, Mario Farrugia Borg and Consul General of Malta in NSW, Lawrence Buhagiar, at our Headquarters in Parramatta West.
George Vella
Infaħħar ix-xogħol li jwettaq il-Kunsill Malti ta’ New South Wales. Imwaqqfa fl-1967, din l-organizzazzjoni bla skop ta’ qligħ tipprovdi appoġġ soċjali, kulturali u rikreattiv u assistenza soċjali lill-komunità Maltija f’NSW.
I commend the work of the Maltese Community Council of NSW. Established in 1967, this non-profit organisation provides social, cultural, recreational, and welfare support to the Maltese community in New South Wales.
According to a new research by Finder, more than half of Australians do not have a valid will. Estate planning is something that should be thought about and planned, sooner rather than later. Have you ever had a crisis and suddenly had to pick up the affairs of a loved one, such as your partner, parents or children? Have you tried to figure out how their banking works, how the bills are paid and where their investments are?
There are 3 important areas to cover around Succession and Estate Planning:
Prepare a Family Protection Plan – review your existing Wills and Power of Attorney and your family situation to see if there is anything you can do to protect your children and their inheritances from things like divorce and bankruptcy.
Record the Information that Matters – that is, the important financial, legal and administrative details your family and advisers will need if something happens to you. For example, your super, investments, bank accounts, credit cards, bills to pay, important people & social groups in your life.
Prepare a Crisis Management Plan – to guide your family through the financial complexity of the first few months after crisis. This could be a checklist of priorities and questions for the family to work through for example, ‘Day 1 – call the accountant and ask these questions, Day 2 – call the solicitor’ etc.
The old concept of Estate Planning was, “The right money to the right people at the right time.”
We think a better approach is, “The right money; the right information; the right documents; and the right guidance to the right people at the right time.”
Once you have assembled this information, consider organising a family meeting and start the conversation, for example, with your adult children. Outline your 3-step crisis management plan to them. Your conversation might be along the lines of;
“OK, we’ve got these important legal documents – our Will, Enduring Power of Attorney, Enduring Guardianship etc.”
“We’ve captured the key information you need to know if something happens to us.”
“We’ve gone and done the preparation work already, to ease the burden on you.”
“We’ve built a customised crisis management plan to help you work through things when the time comes.”
To begin this process, you should seek qualified legal advice from a solicitor who ideally specialises in estate planning. Furthermore, talk to your financial planner about what process or service they could offer to assist you in building your plan – or reviewing and fine-tuning your existing one.
You don’t need to know when something will happen to know that it will. Be prepared.
To assist you on this journey, we have compiled an Estate Plan Document Checklist to help your family manage your estate when the time comes.
Need more information?
If you would like professional assistance with the preparation of your estate plan, speak with one of our expert financial adviser today.
Mrs Nathalie Gatt, President MW, Lawrence Gatt, Frances Montesin and Sandra Grech, Maltese Welfare NSW, together with Miss Miriam Friggieri, President MCC of NSW visited HE Ms Jennifer Cartmill, Australian High Commissioner of Australia in Malta, for a luncheon at her residence in Naxxar. It was a great pleasure to meet HE Jennifer Cartmill
Maltese Community Council of NSW
Australian High Commission, Malta et Ambassade d’Australie en Tunisie
L to R Sandra Grech, Nathalie Gatt, Jennifer Cartmill, Miriam Friggieri,
Imagine not being able to walk through a doorway, stopping in your tracks as your body freezes. Or being unable to walk as your toes claw in different directions. Or losing your ability to write and speak loud enough for people to hear you.
Congratulations to Lawrence Dimech Co- editor of The Voice of the Maltese on receiving a Malta Journalism Special Award 2023 for his long time Commitment to the Maltese Community. Held on the 4th March 2023 Malta
The Malta Journalism Awards seek to recognize and honour professional journalists who produced outstanding work for the public, either as employees of official news entities or also independently.
Lawrence is the ex-President and now Vice President of the Maltese Welfare NSW Inc
The Maltese Community Council of NSW held an Open Day to Commemorate Australia Day on Sunday 22nd Jan 2023 at the Humrun Club in Marsden Park . Maltese Welfare NSW along with other associations exhibited what services they each provide. It was a great day with lots of questions being asked and information given out. A power-point presentation highlighting over 20 years of our activities was on display. Entertainment and other activities made this a very special family day. thanks to the MCC and the Humrun Club for organizing this event,
L/R Maltese Welfare NSW Committee Frances Montesin Secretary . Nathalie Gatt- President . Lawrence Gatt- Treasurer
I commend the work of the Maltese Community Council of NSW. Established in 1967, this non-profit organisation provides social, cultural, recreational, and welfare support to the Maltese community in New South Wales.
