Making a Will is being responsible. It means that your wishes are set our clearly as to how your assets will be distributed after you die.
Our wills lawyers will help you prepare your will so that your property and assets are divided as you desire.
Leaving an inheritance can create issues and in some instances disputes arise where one dependent is given a different share from another. This can be difficult where there are estranged family members.
Our lawyers seek to minimise the risk of any future claims on the estate by considering all the factors and beneficiaries that may make a claim on the estate.
A claim on the estate can leave a bad legacy with the surviving members or your family and your loved ones and these are important issues to consider.
It is important to consider how you distribute your estate and whether the will itself is correctly executed (signed) so that it is in effect. Read more on Testator Maintenance Claims or TFM Claims Here.
Where there is a complex asset arrangement or a business you will need a more complex will than if you have simple asset structure.
Our estate lawyers provide legal advice for estate administration and grant of probate. Read more on our Probate legal services here.
With most Will preparation clients will have a Power of Attorney prepared in the event that they cannot make decisions for themselves. This will allow the Attorney to make decisions on your behalf.
Basic Wills (Simple Wills) are common.
A basic Will is a type of Will that sets out straightforward testamentary wishes and commonly drafted for individuals with limited or simple assets.
However, a simple Will may not be an appropriate way to set out your wishes after you pass away.
Complex Wills are typically required if:
Additional issues may need to be considered and your will must be drafted and tailored to suit your circumstances.
We can advise you as to the different options available when estate planning.
It is important that your Will reflect your wishes and that all the circumstances that may give rise to a TFM claim are dealt with. We will take care to ensure that you can have peace of mind when making your final wishes.
Where possible we seek to find cost-effective solutions to our clients legal problems balanced with achieving the outcome they desire.
Call today to speak to a lawyer about your will on 1300 907 335 or complete an online enquiry form and we will get back to you shortly.
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