Wills & Powers of Attorney Arthurs Creek
Wills are a vital component of your personal and business assets, demanding careful planning and deliberation. Our team is prepared to assist and advise you in the formulation of your Will, determining the responsible party for your Estate (Executor) and the receivers of your assets (Beneficiaries), particularly considering circumstances like blended families, children with disabilities, and life changes.
The formulation of a Will is significant to guarantee that all your loved ones are considered, and your assets are allocated as per your wishes when you pass away.
The process of drafting a Will can be overwhelming, but our team can assist you through each phase to diminish the risk of your Will being disputed. Typically, a Will may be challenged if a family member is omitted or not adequately accounted for. Other kinds of claims might be due to allegations of lack of capacity, undue influence, or breach of trust.
Enduring Power of Attorney (Financial)
It is a legal document where you designate a trusted individual (referred to as “the attorney”) to make personal, monetary, legal, and property decisions on your behalf in the event that you lose the mental capacity to do so yourself.
An Enduring Power of Attorney is granted to a person whom you trust to make sound financial and personal decisions on your behalf.
Among the tasks an attorney can execute on your behalf are: bill payments, document signing, property transactions, and managing shares or bank accounts.
Medical Treatment Decision
Every person possesses the right to make decisions about their own medical treatment. However, if you become incapable of making decisions, either on a temporary or permanent basis, you can opt to assign a representative who can make medical decisions on your behalf. The act of designating someone for this responsibility can be quite strenuous, but our team is here to help and guide you in deciding who and when you should nominate a trusted person to take on your medical decisions.
Advanced Care Directive
This is a legally enforceable document that allows you to articulate clear plans for your future health, care, and end of life issues. This document encapsulates your decisions and desires for medical treatment, and it specifies the medical treatment you want and do not want in emergency situations. You should involve your doctor when filling out an Advance Care Directive document.
We offer the following expertise:
- Testamentary Trusts
- Estate Planning
- Enduring Powers of Attorney (Financial)
- Enduring Powers of Attorney (Medical)
- Binding Death Nominations