After working hard your whole life, you want to ensure that your loved ones are provided for after you pass away.
People are often shocked to learn that dying without a Will does not mean that your spouse and/or children will automatically receive your estate, or that not all your assets automatically form part of your estate. Specific rules apply when a person passes away intestate (without a Will), and certain assets, such as your superannuation, do not form part of your estate unless you take specific actions. Having a Will provides certainty for your loved ones and simplifies the administration of your estate.
A Will is a legal document that appoints an Executor to manage your affairs and directs how your assets will be divided after you pass away. As your personal circumstances change, so too should your Will. You can change your Will at any time while you have capacity.
We have been told that our fixed fees for the preparation of Wills are the most affordable in the Illawarra and beyond. Check out our fixed fee pricing and see for yourself!
At the same time as considering your Will, we strongly recommend putting plans in place for any future incapacity through Power of Attorney and Guardianship documents. This will ensure that if you become unable to make decisions about your finances, medical treatment, or living arrangements, the person or persons you trust can do so without hindrance.
Contact us to find out more or to arrange a consultation with one of our Wollongong succession solicitors.
A will is a legal document that specifies how your assets should be distributed after your death and names an executor to manage your estate. It ensures that your wishes are followed, helps prevent disputes among family members, and can streamline the probate process.
While you can create a will using templates, consulting with a lawyer is highly recommended. A legal professional ensures that your will is executed correctly, addresses complex issues like blended family arrangements or tax implications, and complies with all legal requirements to avoid future challenges.
Dying intestate (without a will) means that your estate will be distributed according to the default rules of your jurisdiction, which may not reflect your wishes. This can lead to family disputes, delays in asset distribution, and potentially higher legal costs.
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As a small Wollongong law firm, we pride ourselves on providing a personal service in which the client deals directly with the solicitor with carriage of the matter. Our focus is on delivering high-quality legal support that is both efficient and affordable.
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