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brisbane will lawyers
(07) 3180 0106
Affordable Will Brisbane, Enduring Power of Attorney Brisbane, Wills for my family brisbane, Lawyer Sucsession Brisbane, Solicitor Will, Sucsession Lawyer in Brisbane, Estate Planning Lawyers in Brisbane, Advance Health Directive Lawyers in Brisbane, Estate Plan Brisbane, Superannuation Lawyer in Brisbane.
is your estate planning upto date ? Our brisbane lawyers are here to help !
Despite what people might think, there is no one size fits all estate plan. Estate planning is more than just making a will and involves a careful analysis of your personal relationships and financial interests, whilst your Will is likely to be the primary component of your estate plan it is by no means the only component. Speak to one of our friendly estate planning Lawyers in Brisbane today.
An effective estate plan is much more than just a will and there can be significant advantages to exploring issues such as asset protection, business succession, the establishment of trust funds, superannuation, taxation and insurance.
An effective estate plan can also put in place strategies for dealing with unforeseen events such as health problems that might result in you being unable to manage your own financial or personal affairs in the future. Planning ahead is key to preserving and growing your wealth, both for your future and that of your loved ones.
Will
A will is a legal document which as far as possible, ensures your assets are distributed according to your wishes after you die. Your will can cover all of your assets in your own name such as your house, land, car, shares and bank accounts. It does not cover life insurance or superannuation. A Will allows you to appoint an executor to distribute your assets to beneficiaries. Your choice of an executor should be carefully considered as the role can be quite demanding and often complex and require guidance from an experienced estate administration lawyer.
Letter of Wishes
As part of the estate planning process, you can make a document called a letter of wishes also known as a statement of wishes, to guide your executors and beneficiaries in the administration and distribution of your estate. Unlike your will, a letter of wishes is an informal document that accompanies your Will. The main reason you might consider writing a letter of wishes is to provide extra guidance to your executors including any unexpected decisions, expectations for the care of your children, the division of personal heirlooms and the location of important documents or assets.
Superannuation
If you have superannuation and do not have a Binding Death Benefit Nomination in place in respect of your superannuation policy, then in the event of your death the trustee of your superannuation fund may have a discretion to determine who receives your superannuation death benefits. This may affect the value of your estate and may mean that your superannuation death benefits are not paid to your preferred beneficiary/s.
Estate planning advice
There can be significant advantages to exploring issues such as asset protection, business succession, the establishment of trust funds, superannuation, taxation and insurance. Our Brisbane Lawyers have the scope, scale and expertise to be there for you, whenever or wherever you need us to be, we explore issues from different angles & offer bespoke legal advice tailored to your individual needs. When you choose Brisbane City Lawyers, you are choosing a legal team with one direction - forward.
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