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Wills & Estate Planning

Having a valid and up to date Will ensures that your assets are dealt with in the way that you want when you pass away. However, it is not always the end of the story.

An Estate plan will put into place a strategy for the whole of your estate and help you maximise your assets so that you can both enjoy them now and ensure that you provide for your beneficiaries in your Will.

Without the right advice you could inadvertently place a financial burden on your beneficiaries, rather than simply pass on the benefit of your assets.

Originally Estate planning was undertaken primarily to minimise the impact of death and Estate duties. Death duties were abolished in Queensland in 1976 and Federal Estate duties were abolished in 1979.

Estate Planning is now important for these reasons:

  • Tax
  • Asset Protection
  • Flexibility
  • Family Provision Claims

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Probate

What is Probate? A Grant of Probate is an official recognition by a Court that a Will is legally valid. Do I need to apply for Probate? In some circumstances it is necessary to make an application for a Grant of Probate. For example an application for a Grant of Probate may be required when continue reading

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Advance Health Directive

What is an Advance Health Directive? An Advance Health Directive is a way for you to communicate your wishes about medical treatment should you be unable to make decisions about your health treatment in the future. The document allows you to direct in advance how you wish to be treated when critical health issues arise. continue reading

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