Wills & estate planning is an important legal task required to plan for your family’s future. Estate planning goes beyond drafting a Will and includes assessment of assets, assessment of likely taxation, advice regarding the possibility of claims against estate by third parties, and protection of assets. Having a legally binding Will and estate planning are important steps in ensuring your intentions are carried out and that your assets are protected, while minimising the chances of your family undergoing unnecessary stress or contest over your assets.
If you take the time now to make an effective legally binding Will and Testament, you can save your family not only stress but money in what will undoubtedly be a difficult time for them. So what happens if you don’t have a valid Will at the time of your death? In this event, you are said to have died intestate. This means that:
- Your estate will be distributed in accordance with the Succession Act 1981 (Qld);
- Your estate may not be distributed in accordance with your wishes and intentions;
- Potentially, there may be conflict between your family members in regard to the distribution of your estate;
- It may take more time and money to administer your deceased estate.
Our lawyers are experienced in wills and estate planning and understand the importance of having proper estate planning in place in case of eventuality. We will take the time needed to talk with you about your intentions and offer practical and effective legal advice to meet your needs. Our lawyers provide advice on will drafting, contested wills, family provision, and general advice on estate planning. If you are already involved in a disputed will, we can assist you in negotiating the best outcome possible, without having to engage in litigation which can be an expensive and time-consuming process.