Introducing our Estate Planning services

 

1. Do you have a Will ?

 

Will is a legal document which provides instructions by a person making it

(called Testator) for a person administering the estate (called Executor) to distribute assest of the estate to beneficiaries and pay debts of the estate to creditors.

 

Will is subject to a number of legal rules, which prescribe a format of the document and language used in it in order to avoid uncertainty of Testator's intentions. 

 

Making a will is a very first step you should do to begin planning your estate.

 

2. If "No", do you know what may happen to your estate?

 

In the event that a person does not leave a valid will and dies, that person's estate must be distributed according to statutory rules.

 

In New South Wales, if the deceased person had a spouse (husband/wife or a de-facto partner), that spouse inherits all of the estate.

 

If however the deceased person had more than one spouse (e.g. one wife and one de-facto relationship) immediately before the person died, both of those spouses will be entitled to share in the deceased estate.

 

Children of the deceased person may be entitled to the share of the estate, depending on whether there is a surviving spouse and whether the children are the children of that spouse or they are the children of a previous relationship of the deceased person.

 

The order of persons entitled continues on to parents, brothers and sisters, grandparents, aunts and uncles, and if none of those relatives exist, the State.

 

3.  Do not take "No" for an answer and talk to us

 

Not leaving a Will nominating particular beneficiaries may cause a number of complications (and unexpected expenses) for a person who would have to step in to distribute the estate (called administrator) and may bring significant disharmony between the relatives.

 

Making a will is a simple, inexpensive and decisive step which provides that one's instructions are followed to the best of the circumstances which take place after that person are no longer with their family, that the children and dependants are provided for and the family members dealing with their grief are releived of uncertainty and anxiety.n

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