Wills and Estates
A Will is a legal document in which the individual distributes their assets effective at the time of their death. Quite a number of people do not have a Will and if they do, it is quite common for them to be out of date.
It is important that a person’s Will is drafted to meet the individual needs and that it be kept up to date. In some situations, clients may benefit by having a Will with a Testamentary Trust included so as to affect tax savings and/or minimise the prospects of success of any claim made against the beneficiary.
We offer estate planning and administration to our clients. Our business clients may benefit by having advice on hand about asset protection and planning for the future.
We prepare general and enduring powers of attorney which enable clients to give power to others with respect to their financial and health matters.
Under the Succession Act, if you do not have a legal will at the time of your passing, your assets may be passed onto relatives or family members whom you did not wish to benefit and receive these assets.