Wills and Estate Planning.
Updated: Sep 10
Don’t leave your will & estate planning too late
Estate Planning is often left by people until it is too late. It is a useful tool for you and your estate to provide certainty and save expense in the long term.
An estate planning lawyer can provide certainty and peace of mind. Planning for death is generally an issue that is neglected by many Australians. Around 40% of Australians die each year without a Will or any significant Estate Planning and many of the remainder die with wills that do not reflect their current needs. There are legal issues that must be taken into account when you are considering your estate planning. How you structure your will, the appointment of trustees, how your estate is distributed and the appointment of guardians for any children are all vital issues that should be addressed in your Will. There may be circumstances where trusts should be established after your death or life interests created. We are able to advise you and assist you in the preparation of Wills and Estate Planning issues such as Powers of Attorney and Guardianship appointments. We can also discuss Advance Directives with you if you want to leave directions to your guardian should you become incapable of making a health or welfare decision.
You only have one chance to get your Will or Estate Planning right. Once you have passed away, the Will cannot be changed without the intervention of the Supreme Court, the cost of which Will far outweigh the cost of seeing your solicitor. It is therefore important that you get it right the first time!
Firstly, it is important to contact Jacqui Angelos. The process is flexible and consultative. Estate planning requires a lot of careful consideration as well as a number of documents and forms, including wills, power of attorney forms, and living wills.
An initial meeting with Jacqui will establish your values, vision and goals, ahead of a seven step process that will guide you from your initial objectives to post-implementation reviews. We will provide clear instructions and advice on the preparation of Wills, testamentary trusts and Power of Attorney as well as all relevant documentation including legal notifications to guardians. Feel fee to contact me now before its too late.