Wills & Estates

Wills and Estates

Estate Planning

If you are over 18 and own assets or have children then you should consider Estate Planning.

Estate Planning is the process by which you can ensure your comfortable lifestyle, whilst arranging for the transfer of your assets to your beneficiaries in an efficient and inexpensive manner. An Estate Plan is essential to ensure the assets you worked so hard for, end up with the people you wish to benefit.

While a properly prepared will is an essential part of an Estate Plan, careful Estate Planning also includes the appointment of a Power of Attorney and Enduring Guardian to ensure you and your assets are taken care of, now and in the future.

The effective planning of your overall estate and its distribution upon your death is critical. The consequences of an unplanned estate can be expensive and cause great emotional stress for your family and friends.

Wills

Coping with the loss of a loved one, while dealing with the legal obligations of a deceased estate can be particularly confronting. Everyone over the age of 18 should have a properly prepared will to make this difficult time easier for those you care about most.

A will allows you to:

  • Name beneficiaries and provide enforceable directions on how you want your assets distributed;
  • Appoint an executor, who will be responsible for administering your estate;
  • Appoint a guardian to look after your children until they reach the age of 18; and
  • Establish trusts to transfer your assets tax effectively.

We ensure that the legal requirements of your will are met, ensuring that upon your death your estate is distributed in accordance with your wishes rather than being determined by legislation.

It is important to remember that your circumstances can change overnight. Marriage or separation, the birth of a child or purchase of a house may all impact on the way you manage your assets and how you would like your estate to be distributed after your death. It is important to review your will as your circumstances change.

David Allchin can provide assistance with the following matters:

  • Preparation of Wills
  • Power of Attorney and Guardianship
  • Assistance with claims against wills & estates
  • Defending deceased estates
  • Probate related matters