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Wills & Estates

SEE HOW WE CAN HELP / Wills & Estates

A question we are often asked by clients is, “Do I need a Will?” In short, our answer is, “Yes, absolutely!” It is important to plan for the future, no matter what stage of life you are in.

Your Will 

A Will is an important document setting out your wishes and desires after death and confirms who will look after your affairs. It is also an important document as it can reduce stress for your family.

Have you considered:

  1.    Who will be responsible for administering your Estate?
  2.    Who will be your beneficiaries (i.e. who will receive your property and other assets)?
  3.    Would you like to be buried or cremated? Where?
  4.    If your children are minors, have you considered a guardian?
  5.    If your children are minors, who will look after your Estate until they are adults?
  6.    What specific gifts are you leaving and to whom?

We suggest any time there is a major life changing event, you should update your Will. For example:

  1.    Your children are over eighteen – no longer requiring a guardian should a parent pass away;
  2.    The death of a family member or beneficiary;
  3.    Substantial changes in the value of your assets;
  4.    A guardian, executor or trustee moves away, dies, or is no longer willing to fulfill their role;
  5.    You separate from your partner or become divorced; or
  6.    Your move interstate.

Every person over the age of eighteen years should have a Will. As an extra level of service and at no charge, we may hold your original Will and important documents in our fire proof safe.

Need a Will? Contact our team: office@sambanisfamilylaw.com.au.

Estates 

When a loved one passes away, it is an emotional time for family and friends. Added to the emotion is the responsibilities of administering the Estate. Due to the increase in personal wealth, the various ways individuals own assets, and the complexities that may arise in administering Estates, we can assist and advise your Executor(s) of their rights and duties in the administration of your Estate following your passing.

Enduring Power of Attorney 

In addition to Wills, we may also assist with putting in place a valid Enduring Power of Attorney (EPA). An EPA is another important legal document that outlines who you would like to manage your financial and/or legal affairs, should you lose capacity to make decisions for yourself. For example, if you were in a car accident, having a valid EPA would enable your Attorney (the person responsible for managing your affairs) to make decisions on your behalf, such as continuing to pay your bills and medical expenses, and your medical care.

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