If you die without a Will, your estate will be distributed in accordance with the laws of intestacy, which could result in an outcome different from what you may have wanted. To ensure that your estate is distributed in accordance with your wishes, it is important that you have a valid Will. A well drafted Will should also include appropriate asset protection for the beneficiaries, provide for tax effective distribution of assets and minimise any risk of a challenge to the Will.
A Will is an important part of estate planning however, estate planning encompasses more than just the Will. Estate planning also involves dealing with the succession of assets and entities which do not necessarily form part of your estate. For example, your family trust, private companies and superannuation death benefits. Proper estate planning ensures that all your estate and non-estate assets are distributed as intended. It also includes putting in place appropriate enduring powers of attorney in case you are unable to make financial, personal or medical decisions for yourself for any reason.
Whether your situation is relatively straightforward or you have complex personal and financial circumstances, our lawyers will work with you to create a solution tailored for your requirements. Where applicable, our lawyers will liaise with your financial adviser and accountant to ensure your overall financial plan is taken into account when preparing your estate plan.
Our Wills & Estate Planning packages are provided on a fixed fees basis. This means you will have certainty and clarity of costs from the start of your matter. Please contact us for an obligation free quote.
We can help you with:
- Standard Wills
- Complex Wills incorporating testamentary trusts such as:
- Discretionary testamentary trusts
- Super proceeds trusts
- Education trusts
- Protective trusts
- Trusts for minors
- Life estate trusts
- Special disability trusts
- Asset protection strategies and provision for vulnerable beneficiaries
- Statement of Wishes to guide the executors, trustees and guardians of minor children
- Succession of family trusts
- Death Benefit Nominations and control of self-managed superannuation funds
- Enduring Powers of Attorney (Financial and Personal matters)
- Appointment of Medical Treatment Decision Maker
- Advance Care Directives
- Business succession agreements