“Our flagship estate planning guide and testamentary manual is designed specifically for advisers to guide their clients through the intricacies of their testamentary documents and gather the right information to formulate an estate plan suitable for every client, regardless of the size or complexity of their financial situation,” the statement said.

It aims to provide advisers with the ability to “systematically and methodically” guide their clients through their estate affairs, according to the statement.

It also aims to give advisers access to a “streamlined process” for referring the legal work to estate planning lawyers.

The service also aims to ensure that advisers have advised their clients in the estate planning area, thereby satisfying their professional duties.

Townsends principal Peter Townsend has previously told SMSF Adviser many trustees are underprepared when it comes to SMSF estate planning, with “gaps” in their superannuation structure creating multiple risks.

“The population, in particular the baby boomer population, is very materially underprepared for their mortality,” Mr Townsend said.

“We try to get people to think more carefully about their estate planning at the time they set up their [SMSF], with not much luck.”