Wills & Powers of Attorney
Protect the ones you love – whether you have a lot or little, you need a Will.
We believe everyone should have a Will. We are here to give you the peace of mind that you and your family require. A Will is a legal document that sets out clearly how your property is to be divided in the event of your death.
Under the Will, an Executor is appointed, who will manage the estate, collect all the assets, pay the debts and distribute the remaining assets among the beneficiaries. A Will only comes into effect upon your death. If you don’t make a Will, your estate will be divided according to a fixed formula as set out by the government.
However, if you make a Will, your wishes are carried out as set out in the Will. You will specify how you want your assets divided, who the guardian of your children will be and who will administer the estate.
To prepare your Will, please click here to send us your instructions, or call us on 03 9571 5157.
It is advisable to review your existing Will in the event of a change in your circumstances such as acquisition of assets, divorce, death of a beneficiary, etc. If you wish to discuss reviewing your existing Will, click here.
Powers of Attorney
Preparing a legal Will is the best way to ensure that once we pass away, our family members are properly provided for and the likelihood of disputes limited.
A Will takes effect upon the death of a person.
However, in the course of our lives, there may arise situations where we cannot act for ourselves. Therefore it is important to have Powers of Attorney in place to ensure that those persons we trust most will be able to look out for our best interests in the event that we are unable to do so.
When somebody becomes incapable of managing their own affairs, important legal steps must be taken to ensure that their legal & financial affairs are taken care of and managed in their best interests.
If family members cannot agree on what is in the best interests of their loved one, disputes ensue and delays can cause further problems.
If you wish to prepare a Will or Power of Attorney, call us on 03 9571 5157 or contact us online.