Wills, Powers of Attorney + Estate Planning

We understand life is busy + you’re not thinking about what’s going to happen to your assets when you pass away – we’re here to make it easy!

Do you need a will?  The short answer is YES! 

If you are over 18 years of age and have any assets (including a superannuation balance or life insurance) then you should have a Will, and once in place, it should be reviewed regularly, especially if the following events occur;

  • MARRIAGE
  • DIVORCE
  • ENTERING INTO A DE FACTRO RELATIONSHIP
  • HAD CHILDREN; or

Have seen some other significant change to your family life, assets, structuring or business, then you should also review your Will to ensure those life changes are accounted for.

Important as they are, we understand that Wills are only one component of what should be much broader life planning – and that planning should begin as early as possible.  We have the expertise to ensure that all aspects of your estate planning are considered and addressed.

POWERS OF ATTORNEY

Do you need an enduring power of attorney?  YES!

Although often considered to be only necessary for the elderly, Enduring Powers of Attorney provide the authority for another person to act on your behalf, should you be unable to do so yourself, and are useful documents for all adults as none of us are immune from accidents, illness or absences.

There are primarily two forms of Enduring Powers of Attorney available in Victoria;

  1. Enduring Powers of Attorney
  2. Appointment of Medical Treatment Decision Maker

The Enduring Powers of Attorney can provide the authority to make financial and/or personal (lifestyle) decisions on your behalf, while the Appointment of Medical Treatment Decision Maker provides the authority for somebody to make medical treatment decisions on your behalf only in the situation when you are incapable of making those decisions yourself.

ESTATE PLANNING

Estate planning extends well beyond Wills, to incorporate;

  • Powers of Attorney
  • Superannuation
  • Business Ownership
  • Trust Structures
  • Tax Planning
  • Broader Family Arrangements

For truly seamless and comprehensive life planning, we have the ability to combine elements of legal advice, financial and accounting advice to ensure that all elements of your personal and business circumstances are considered.

We can also assist with:

  • Powers of Attorney
  • Superannuation Binding Death Benefit Nominations
  • Testamentary Trusts
  • Special Disability Trusts
  • Business Succession Planning
  • Estate Planning to Avoid Estate Claims

Download our free SEVEN ESSENTIALS OF ESTATE PLANNING GUIDE to ensure that you are armed with all of the information you need to consider when protecting your family and yourself.