A Will is a legal document which defines how your assets should be distributed when you die. It also states which person or organisation should administer the process. A Will is not something people want to think about but is one of the most important documents to have. Each year many Australian’s die without a Will. Their assets are proportioned based on a formula which may not align with the deceased’s wishes.
Wills can vary in complexity depending on the financial, legal and tax related nature of the deceased’s estate. A Will must comply with strict legal requirements or it may be dismissed in court. For this reason, we strongly advise against do-it-yourself Will kits. Whether you choose Tuggeranong Legal or another solicitor, it is vital that Wills are drawn up professionally to ensure there is no ambiguity explaining asset distribution.
Tuggeranong Legal have been helping people prepare Wills for many years. We draw up professional Wills to ensure your estate is administered without confusion and with minimal delay. We offer impartial and professional advice to ensure your Will reflects your wishes and that you have considered relevant factors. These may include:
There are two types of powers of attorney which are not always clear – general power of attorney and Enduring Power of Attorney. Both types allow a trusted person to make legal decisions on somebody else’s behalf. General powers of attorney are often for shorter term or one-off arrangements. Unlike a general power of attorney, an Enduring Power of Attorney continues to take affect after the person no longer has the capability to make decisions.
Decisions can range from everyday lifestyle choices to medical or financial decisions. Some examples of when a person may require an Enduring Power of Attorney include:
Tuggeranong Legal will help you make the right choices and ensure all aspects are considered and included in an agreement. The Enduring Power of Attorney may be arranged to take affect straight away or after a specific circumstance occurs. We can answer your questions and help with special arrangements such as joint attorneys; interstate matters or changing attorneys.
A Will is a legal document which defines how your assets should be distributed when you die. It also states which person or organisation should administer the process. A Will is not something people want to think about but is one of the most important documents to have. Each year many Australian’s die without a Will. Their assets are proportioned based on a formula which may not align with the deceased’s wishes.
Wills can vary in complexity depending on the financial, legal and tax related nature of the deceased’s estate. A Will must comply with strict legal requirements or it may be dismissed in court. For this reason, we strongly advise against do-it-yourself Will kits. Whether you choose Tuggeranong Legal or another solicitor, it is vital that Wills are drawn up professionally to ensure there is no ambiguity explaining asset distribution.
Tuggeranong Legal have been helping people prepare Wills for many years. We draw up professional Wills to ensure your estate is administered without confusion and with minimal delay. We offer impartial and professional advice to ensure your Will reflects your wishes and that you have considered relevant factors. These may include: