Wills & Estates Planning Services
Estate Planning is an important aspect of law. It’s essential that you have a valid will at any time.
It is even more important that you obtain an updated Will after separation or divorce to ensure that your former partner does not benefit from your estate.
At Carew Counsel, our team will give you peace of mind when it comes to preparation of your Estate Plan. We will be able to properly advise you on the right type of Will for you.
Our team have invaluable access to legal contacts interstate which may also benefit you.
Our team are able to assist you in preparing:
- Testamentary Trust Will
- Memorandum of Wishes
- Binding Death Nomination Form
- Enduring Power of Attorney (Personal matters)
- Enduring Power of Attorney (Financial matters)
- Appointment of Medical Treatment Decision Maker
Our experienced Estate team can also assist with:
- Estate Litigation
- Obtaining Grant of Probate
- Obtaining Letters of Administration
Testamentary Trust Explained
A Testamentary Trust Will allows your beneficiaries significant taxation advantages, protection of assets against creditors and some family law protection in the event that your beneficiaries should later find themselves in a situation of separation or divorce.
Where you have young children or children with disabilities or drug and alcohol problems, your assets may be left for them in a Testamentary Trust with independent trustees who can deal with the assets of the trust in an appropriate way to benefit the beneficiary and not allow the assets to be wasted.
To complete your Estate Plan and to complement a Testamentary Trust Will, we will prepare a tailor-made Memorandum of your Wishes leaving directions and a code of conduct that you would encourage your trustees to adopt in the event of your death. It will give your trustees and beneficiaries an insight into how you would like your estate managed and the reasons why.
Enduring Powers of Attorney – A ‘Living Will’
Dealing with how you would like your personal and financial affairs managed while you are alive but no longer to make decisions for yourself, can be more important than preparing for what will happen to your assets following your death.
Enduring Powers of Attorney (Personal matters and Financial matters) and Appointment of Medical Treatment Decision Maker, are part of a collection of documents that a well-prepared Estate Plan requires.