Why a Will is So Important
A will allows you control over who gets your property after you pass away, and ensures your wishes can be carried out in a straightforward manner. Without a will, your property is likely to be distributed according to a fixed government formula which may not match your wishes.
You are also able to set out who you wish to take care of your children, what happens to your remains and other important matters.
There are many things to consider in making a Will. For example, are you worried about what may happen to some of your beneficiaries? For example, if there a possibility your children may go bankrupt, or there may be family law proceedings, you may want to consider protecting the assets through testamentary trusts.
You can also specify when a beneficiary receives a gift, such as when they reach a certain age.
Sometimes clients want to ‘disinherit’ someone for a variety of reasons; this presents a whole set of legal considerations which need to be discussed.
As such, it is vital that you consult experienced legal advice to help put your plans in place.
Challenging a Will
Have you been left out of a will? It is important that you contact us quickly, as time limits apply to ‘challenging’ the provisions of a will.
It may be possible for a will to be challenged by those who believe that the will-maker should make adequate provision for them in the will, but did not make such a provision. The court has the power to make orders changing the contents of a will, or by way of negotiation.
Powers of Attorney
While a Will deals with things after you have gone, it is prudent to make arrangements for decisions to be made on your behalf while you are alive, in the event that you are not in a position or no longer have the capacity to make those decisions yourself. These decisions may include financial, medical or other general or specific areas – you can nominate a trusted lawyer to act in your shoes.
What We Can Do For You
Our lawyers will talk you through all of the above considerations, and more, during your complimentary estate planning review.
If you send us an email or give us a call we can arrange an appointment to organise your will and ensure things are properly taken care of.
We can assist clients at hospitals, nursing homes, or their own homes if mobility is an issue. The important thing is to ensure that an estate plan is in place so your wishes can be carried out.
We provide our services at a competitive fee and can organise a meeting within a short time frame.