The Patchwork Project - Modern Estate Planning for Business Owners & Connected Families & Communities — by Sapience Financial
Secure Your Family's Future, Together: The Patchwork Project - by Sapience Financial
Have you ever wondered what would happen to your loved ones if you weren't there? It's a difficult question, but one that every family should answer together. The Patchwork Project is designed to help you do just that, creating a 'quilt' of protection that will keep your family, logical and biological, secure for generations to come.
Whether you're building a business or a secure family future, you understand dedication and the effort it takes to create lasting value. You've invested in protecting and providing. But how do you make sure the value you've created transitions smoothly and securely to those who matter most?
- At Sapience Financial, we get it – we’re business owners and family members too. You're busy. Estate planning can feel like just another optional item on an already overflowing to-do list. That's why we've created the Patchwork Project – a straightforward service designed specifically for Australian Small Business Owners and busy families, like you and the people you care about.
- When you take the step to get your your Estate Plans and Will documents finally sorted through with Sapience, you're not just securing your own future, you're also modelling how to do that and encouraging family and friends to do the same.
It's like sewing a new patch of fabric onto a growing patchwork quilt of security, where each piece strengthens the whole.
The Patchworking Mindset
Patchworking is a traditional needlework technique where family members sew, and ‘patch’ together smaller squares of different fabric to create a larger vibrant design, that forms a beautiful patchwork quilt.
- These highly prized creations are often gifted to family members for special events and occasions to acknowledge the care and tenderness between them. Many of them go on to become the new handcrafted heirlooms of proud families.
- The philosophy behind patchworking challenges makers to think critically about their decisions; to consider how their choice of fabrics and patterns, all interact together to create a dependable and beautiful bigger, interconnected outcome.
What is Modern Estate Planning?
Estate Planning is about putting your personal wishes into words and actions, and creating a backup plan for a protected tomorrow, just in case.
What’s involved in Modern Estate Planning?
Modern Estate Planning creates a careful interconnected tapestry of important legal documents like; Wills, Powers of Attorney & Enduring Guardianship, that then interact with Life Insurance policies, Superannuation Beneficiary Nominations and your decisions about transferring your future wealth.
Together, they come to form a complete legal patchwork that protects and provides for you and your loved ones now, and later.
What’s involved in making a Will document?
Making a Will document requires you to nominate someone as a future Executor, nominate a potential Guardian for any young children and usually specify an Financial Beneficiaries of your estate.
- Some Will Makers nominate friends as their Will Beneficiaries
- Others choose a combinations of friends and family, both logical and biological.
Whenever a family member makes their own Will document, it inevitably connects other people and encourages them to make their own Will Document too - therefore creating a clear protective patchwork quilt effect of protecting and providing for family and friends.
What’s involved in setting up a Life Insurance policy?
Setting up a Life Insurance policy can require you nominate a Policy Beneficiary - and this usually requires some advice and guidance about the best way to keep a future beneficiary safe from the unexpected financial effects of possible divorce, bankruptcy or other unknown challenges the future can bring.
Why use Sapience Financial for your Modern Estate Planning?
As fellow small business owners and connected people, we understand the time pressures Small Business owners face, and how with the most important parts of life and business, you don’t get a second chance to fix mistakes – like making a Will document and setting up your Life insurances.
- It must be right first time.
- When it comes to getting these things right first time – expertise and detail matters.
Why we built The Patchwork Project
The Patchwork Project is a new service from Sapience Financial.
We saw people were falling through gaps with lawyers they didn’t know, processes they didn’t understand and the disjointed world of financial advice and life insurances. So we decided to build the full solution we wanted to see in the world, and needed ourselves.
The result was the full and complete remarkable solution – The Patchwork Project.
Bringing order and connection to Core Life Decisions
We designed this process to be efficient and clear, focusing on your specific needs. This ensures your assets are protected, your financial independence is maintained, and your future medical choices remain in your hands; all while providing legal security for you and your family.
When you put your Estate Planning in place with us, you create a momentum, often encouraging those in your circle to begin to consider their own future preparedness.
"What's fascinating to see is how one act of planning can really create a groundswell. When someone puts their estate plan in place, it often encourages their loved ones to do the same. And before you know it, you've got this beautiful patchwork quilt of protection forming within families and their communities, each piece contributing to the overall strength of the others." - Drew Browne – Founder Sapience Financial
Where to from here?
Ready to start building your family's patchwork of security?
