Wills, Enduring Powers of Attorney and Estate Planning
Welcome to our Newsletter on Wills, Enduring Powers of Attorney and Estate Planning.
A lot of our clients ask us about Wills and Enduring Powers of Attorney. If you die without a Will there can be a lot of upset and expense for your family to sort out your estate.
A Will allows for a sensible and orderly division of your hard worked for assets. Without a Will the estate can be tied up for some time putting pressure on the family and a distribution that you might not have intended.
If you die without a Will, State or Territory law will determine what happens to your estate. There are three primary reasons to have a Will:
It allows you to dictate how you want your assets distributed;
It allows you to appoint an executor to act on your behalf; and
It lets you appoint a guardian to care for your minor children.
Wills are vitally important for blended families and where assets are held in one name, say for tax purposes, but are actually joint assets.
Call the office on 02 6162 3003 or email email@example.com if you would like to make an appointment to discuss Will, Enduring Powers of Attorney and Estate Planning.