Will and Estate Lawyers: Estate Planning
Will and Estate Lawyers
This is a general guide on Wills and estates. Your specific circumstances can influence many factors.
If you are looking to create a Will and finalise estate planning, please get in touch with our firm so that one of our friendly and experienced lawyers can advise you about your specific situation.
Preparing a Will is a crucial step. Although it seems daunting at first, it is necessary to ensure peace of mind in the future. How to make a Will?
Find our step-by-step guide here.
Note that Wills can be contested or challenged by eligible persons (as listed under Section 57 of the Succession Act 2006).
If they feel they have been left out of the Will and have a rightful claim to the estate, they can contest the Will. Similarly, if they feel that the testator lacked testamentary capacity while preparing the Will, they can challenge the Will.
Who can dispute a will?
- Wife or husband
- Defacto or same-sex partner
- A former spouse or de facto partner
- Child, stepchild or grandchild
- Parent of a child of the deceased
- Parent, brother or sister
- Someone who was financially dependent on the deceased
- Carer of the deceased
Succession Act 2006 (NSW)
- In NSW, the Succession Act 2006 is the primary legislation governing Wills and estates and family provision claims.
- Information on how to write and execute a valid Will can be found in this legislation.
- The Act aims to ensure adequate provisions for family members.
Will and Estate Lawyers Sydney: Contesting a Will
Will and Probate Lawyers Near Me
More than half of Australians do not have an Estate Plan in place. Are you one of them?
Estate Planning is not often at the forefront of most people’s minds. For many people, thinking about their mortality is a difficult thing to do – and perhaps it’s even a task in the “too hard” basket. However, estate planning is critical in helping the people close to you understand how to distribute your wealth and investments.
Lawyers that Deal with Wills and Estate Planning
At JB Solicitors, the goal of our Will and estate lawyers is to understand your wishes and help you express them in the best possible way to give you peace of mind.
Our Will and Estate Lawyers are passionate about finding the right strategy for you. This goes beyond having a financial plan or just a Will. We partner with you to develop a personalised long term plan that fulfils your needs and fits your situation, and at the same time ensure it is legally enforceable to protect your assets and your family and friends. Contact Wills and estate lawyers near me at JB Solicitors Sydney CBD.
We can assist with:
- Assessing your assets and investments
- Nominating a person responsible to act on your behalf
- Ensuring your wishes are followed through, and assets are passed onto the people you desire
- Reducing tax payable
- Creating a Will and keeping safe custody of your Will
- Drawing a Statement of Wishes for your moral wishes
- Regular prompts to review your plan at various life events
Estate Planning goes beyond a Will
- While it is easy to make a Will, it is beneficial to have it prepared by a lawyer. A properly drafted Will ensures you'll get it right and minimise any chances of a dispute.
- Power of Attorney – means appointing someone to act legally on your behalf. You will need to choose someone you can trust as any action they take will lawfully bind you. We always suggest seeking legal advice on this because of how powerful it is.
- Testamentary Trust – is a trust and comes into effect after your passing. It provides greater control over the distribution of your assets to the people you want.
- Tax implications – we assist with identifying potential tax consequences early on, such as tax returns or even superannuation issues. By doing this, we can find a solution to minimise the tax implications.
Learn more about Wills and Estate Planning by clicking on the links below:
Probate & Administration
- Administration of the Estate
- Executor: Duties and Liabilities
- Finalisation of the Estate: Preparation of Estate Accounts
- Payment of Legacies & Transfer of Specific Assets
- Preserving & Maintaining Estate Assets
- Publication of Notice of Intended Distribution
- Transfer of the Residue of the Estate
- Transmission of Estate Assets
Ready To Get Started, Or Have Further Enquiries ?
Our estate planning services are fixed in pricing as we believe in giving our clients certainty and value transparency.
Or use the Settify link below to get in touch with one of our experienced estate planning professionals.
