Turn to Camden Valley Lawyers When You Need an Experienced Will and Trust Attorney

It’s undeniable that you must work with a knowledgeable will and trust attorney when you’re ready to put documents together that indicate your final wishes. With years of experience, Camden Valley Lawyers provide you with the personalised attention you need and assist you in creating a plan that meets the desires you have and need for your estate.

Benefits of Working with a Will Lawyer

Navigating the field of wills and probate law can feel confusing or overwhelming if you’re not familiar with its nuances. Here are some examples of advantages of working with a will solicitor:

• Peace of mind: Regardless of the value of your assets, it’s critical that you have a will in place to ensure that those assets go to the friends or family members that you want to have them. It’s also important to appoint the right executor who you can trust to ensure the directions in your will are carried out and who will defend your estate if claims are made.

• Avoid uncertainty for your family: Often, when there is no will, or no proper will, in place, this can cause your family stress during a time of grieving and can cause additional expenses to your estate. By putting together a will now, you can help eliminate these issues and give your family members’ peace of mind and certainty in order to minimise the risk of claims on your estate.

• Update your Will: Many people don’t realise how their personal circumstances or probate laws may adversely impact the intentions expressed in their will. If you have a will or a power of attorney, but you signed it years ago, we always recommend that you connect with an estate planning attorney so that they can review the document with you to ensure that it still follows current laws and is right for your current circumstances. If one of your original beneficiaries has passed away or the family dynamic has changed, meeting with a will lawyer to review your will, will give you clarity for the changes you need to make to update your will.

• Marriage, Divorce & Death: All can adversely impact your will whether you realise or not. Marriage will automatically revoke your will unless made in contemplation of the marriage. Divorce can also change the dynamics of a will to that of your original intention. Our experienced will lawyer considers your circumstances holistically to ensure your wishes are properly set out in your will as you intend having regard to the laws of succession.

Key Questions to Ask Our Wills and Probate Solicitors

If you’ve never considered setting up a will, it’s understandable that you may have some questions regarding the process and what you can expect. These are common questions that we typically receive from our clients:

Why can’t I create these documents myself?

One of the biggest mistakes that we have seen people make over the years is attempting to create estate planning documents using a handful of websites that offer a template. Estate planning is a very specific field of law. As a result, if you use a document that is not specific to you or your changing circumstances, you could potentially cost your beneficiaries part or all of their inheritance to pay for an additional lawyer and court costs. Your best bet is to work with a will attorney who is well-versed with succession law. A well-written will has the potential to save your estate thousands, if not tens of thousands of dollars in litigation fees.

I’m concerned about my child receiving their inheritance outright. What can I do?

Our attorney takes the opportunity to get to know more about you and your unique situation. Suppose you have young children or don’t feel comfortable with an adult child receiving a large sum of money outright when you pass away. Perhaps your intended beneficiary lacks capacity or is bankrupt or is simply not responsible with large sums of money. It follows that we can help you create a testamentary trust. This trust is established by your will and comes into play after you pass away. You can establish the terms of the trust in your will, which could entail the beneficiary receiving their inheritance at a certain age or receiving yearly sums or obtaining security of a home without the ability to sell it. It is a tricky area of the law and needs legal considerations which our experienced will attorney can provide.

Can you help me create a power of attorney?

Absolutely. A power of attorney is an important document that can help your trusted nominee see to your finances if you are unable to do so for yourself, whatever the reason. The person that you designate as your attorney will be able to pay all your bills and see to your financial and legal affairs on your behalf. When you meet with our estate planning lawyer, we will discuss your options to ensure that your power of attorney document contains the right conditions and limitations to give the trusted person you select the authority they need to manage your financial affairs and make important decisions on your behalf.

Contact us for a 20-Minute Obligation-Free Consultation with a Professional Estate Lawyer

Our highly experienced and trusted local estate lawyer is a member of the Law Society of New South Wales. Ingrid Boon will assist and advise you on the legal matters you have to deal with when your loved one has passed. She will advise you in relation to your duties as executor or your rights as a beneficiary. She can handle the distribution, general estate management, letters of administration or probate application on your behalf. Call us for a 20-minute obligation-free consultation.

The Benefits of Appointing a Wills and Estates Lawyer

Our principal lawyer will guide you through all the steps, ensuring that you make well-informed decisions regarding various legal matters, from setting up a Will to dealing with an estate dispute. We can:

• Advise and draw up your Will

• Advise and create a testamentary trust or life estate

• Advise and represent you if you have been left out of a Will and are eligible to make a claim

• Advise on protecting your business, property and family so you can experience peace of mind.

• Have you been appointed as an executor of someone’s estate in their Will? We will assist you throughout the process of administering a deceased person’s estate. We handle issues such as applying for probate, collecting the assets and paying the debts, administering the estate and distributions.

• Talk to us if you require legal advice or representation during a dispute. We will assist you in defending an estate, when facing family provision claims or demands made against the executor or estate by creditors or beneficiaries.

• We offer alternative dispute resolution services to avoid court disputes where possible and will help you settle family arrangements concerning contested matters.

The Importance of Wills and Estate Planning

When you pass on without leaving a Will that clearly identifies who is to inherit your estate, the governing rules of the State decides. The NSW Succession laws dictate who inherits and administers what you leave behind if you die without a Will.

• Your family will experience financial insecurity, confusion and uncertainty during their time of mourning. Prevent this situation. Allow us to assist you with legal document preparation to assert who you want to appoint as the executor of your estate and who you want to inherit your property, investments, and belongings.

• You do not want your family to get involved in legal challenges. This is stressful, time consuming and costly. We will assist you to construct a Will that is right for you and your circumstances so as to alleviate stress and bring financial certainty to your loved ones when you are gone. We guide our clients to make informed decisions that protect their families by providing them with a secure legacy.

• Drop Ingrid Boon a line if you wish to review your current Will, need specific advice tailored to your circumstances, or simply want more information about Wills and Estates. She has the knowledge you need concerning the technical aspects of succession law to prevent the incorrect interpretation of your intentions.

Don’t leave it to chance. We offer quality legal services at competitive rates, enabling you to traverse complicated legal matters. Consider Camden Valley Lawyers if you wish to appoint a dependable legal adviser who offers confidential services.

Why You Can Trust Our Camden Valley Estate Planning Lawyer

We offer a relaxed approach and will gladly meet you virtually or in the comfort of your own home or office. Get in touch if you live in Oran Park, Mount Annan, Harrington Park, Curran Hills, Spring Farm, or Gregory Hills.

• Our clients from Leppington to Narellan, from Camden to Picton, Campbelltown and Appin utilise our knowledge and experience. Let us guide you concerning your estate planning needs, capacity matters, the appointment of your attorneys and/or enduring guardians and advanced healthcare directions.

• We can advise you on your business structures and family trusts. Who will run your business after death? Who controls the assets in your family trust? Who will control your company/ies and manage your business when you are not there? Who will receive your superannuation? And importantly, who will provide for your young children and their day-to-day care? There are many aspects to planning for the unexpected or when considering your estate planning needs. We consider the whole of your personal circumstances. We provide you with sound and reliable advice so you can make informed decisions. We will prepare your legal documents so you can feel assured that all of your affairs are in order.

We also offer advice about property matters, buying and selling, leases and licences, joint venture agreements, guarantees and indemnities, retirement village and granny flat agreements, aged care arrangements, debt recovery, and commercial matters.

Know your rights and obligations before you sign on the dotted line. Contact us today by email or telephone.