Statement of Reasons
Our estate planning lawyers are experts in the field and can assist you in the drafting of your Statement of Reasons to accompany your Will. The statement of reasons is required from the Willmaker to explain the reasons for the decisions set out in their Will.
We’re here to explain what must be addressed in your letter to ensure it is most effective to achieve your desired outcome and protection. It’s our job to ensure your Will, and other estate planning documents will stand the test of time.
Testamentary Guardianship
We can assist you in the process of appointing a Testamentary Guardian in your Will.
A testamentary guardian is someone appointed in your Will to look after your children in the event of your death. This person will make decisions about the up bringing of your child including things such as their education, where they live, religion etc. If you want to leave directions for these decisions, we can assist you with a Letter of Wishes.
If there is a matter you need assistance with that isn’t listed in our services, please contact our team and we are more than happy to discuss your needs and how we can assist.
Letter of Wishes
Our team are here to assist you in writing your letter of wishes to be attached with your Will.
This is an informal document which guides the executor, trustee, or beneficiary of your Will.
Your letter can be as broad or specific as you like, general information such as your wishes in relation to distributing your personal belongings, your funeral arrangements, caring for your children or pets, business arrangements etc. can all be included in this letter. Personal messages to your friends or family can also be included in this letter.
Our Estate Planning Blogs and Podcasts
After a person passes away, an appointed executor struggles with complex assets, leading to delays, confusion, and family disputes. Legal challenges may follow, causing costly delays. This underscores the importance of choosing the right executor—someone capable of managing the estate efficiently and according to your wishes. This guide explores the executor’s responsibilities, the consequences of… Read More »Can Anyone Be an Executor? Understanding Your Estate Planning Options in 2024
With all the demands of modern life, it’s easy to overlook the importance of keeping an updated Will. Many individuals mistakenly believe that once their Will is drafted, it can simply be stored away and forgotten. However, this assumption is misleading. Your Will is a living document that should adapt alongside your changing circumstances. This… Read More »Why You Need an Updated Will: Safeguarding Your Legacy
In today’s digital age, online assets have become a significant part of our lives. From social media accounts to digital currencies, these assets play a crucial role in our personal and professional lives. Just like your physical assets, it’s important to have a plan for your online assets after your demise. This is where a… Read More »Estate Planning & Digital Assets
In today’s world, sustainability has become more than just a buzzword. It has permeated every aspect of our lives, including how we say our final farewells to loved ones. Traditional burial methods, such as embalming and casket burials, are not only expensive but also have a significant impact on the environment. This has led to… Read More »Eco-Friendly Body Disposal: A Sustainable Approach to Final Farewells
Family provision claims can often be complex and emotionally charged legal matters that arise after a loved one’s death. These claims allow certain individuals to seek further provision from the deceased persons estate, even if they were not adequately provided for in the Will. The Basics of Family Provision Claims Family provision claims, also known… Read More »Family Provision Claims – What You Need to Know
In life, we often find ourselves juggling various responsibilities – work, family, finances, and planning the future. While it may not be the most pleasant topic to ponder, it’s crucial to think about what will happen to our loved ones and our hard-earned assets after we’re gone. One way to ensure your wishes are carried… Read More »The Importance of a Binding Death Benefit Nomination
When it comes to estate planning, Wills play a crucial role in ensuring our assets and possessions are distributed according to our wishes after we pass away. These Wills often contain a list of beneficiaries who are entitled to inherit certain assets or properties. Legally speaking, a beneficiary is someone who has the right to… Read More »The Role & Rights of Will Beneficiaries
Legal capacity refers to an individual’s ability to make sound decisions and understand the consequences of those decisions. In relation to estate planning, this includes making informed choices about beneficiaries, distribution of assets, and appointing agents or executors. It is essential to have a clear understanding of capacity to safeguard the validity and legality of… Read More »Capacity Concerns in Estate Planning
An enduring power of attorney (EPOA) is an important legal document that appoints another person or persons to make crucial life decisions for someone if and when they lose capacity to make such decisions for themselves. While making an EPOA is particularly relevant for those of advancing years who may become vulnerable to conditions such… Read More »Understanding the Benefits of Creating an Enduring Power of Attorney
In the context of estate planning, you may have heard of the term testamentary trust. In this podcast, PD Law Senior Associate, Elizabeth Smith, explains what testamentary trust is and the circumstances it is often used.
I recently caught a shuttle from the airport to home. Business was obviously good for the bus company – the seats were all full and I found myself in the front passenger seat next to the driver. We chatted easily for the trip. She got to asking me what I did. I told her. Possibly out… Read More »The Value Proposition – What’s a Will really worth to you?
We recently covered about 2500 kilometres on a family driving holiday. It was a long, long way, but we broke the trip up with a few sleep overs, the obligatory travelling games, and we took turns at playing DJ on Spotify. Complaints about my music were drowned out by volume. We also listened to a… Read More »There are lives at stake – stop being a fence sitter
You’ve made your will, got it done, signed, safely stored in your lawyer’s strong room. What now? Although there’s no set time frame, we recommend an annual check up, and here’s why: marriage and divorce – both can make an impact on your will re-marriage and further children including step children the birth of children… Read More »Lessons from the Death Star – When should I review my Will?
“I went into business with your spouse, not you!” You’ve been in business with your good friend and close ally Mark for almost a decade, building a strong business together. You’ve survived the GFC, massive competition, and a couple of bad business decisions you’d rather forget. But you’ve both come through, and your business is… Read More »Business Wills – managing the silent partner !
In today’s digital society, treasured memories and valuable assets are being stored, uploaded and shared as part of everyday life. Along with the photos we upload, our status updates, tweets, blog posts and emails, this wealth of personal information has combined to form what is now referred to as our “digital legacy”. It is becoming… Read More »Online Assets – Deciding who controls your digital legacy
