Wills & Powers of Attorney Glenvale
The importance of Wills in handling your personal and business assets cannot be overstated; they necessitate thoughtful planning and consideration. Our team stands ready to offer guidance and support in drafting your Will, identifying who will be accountable for your Estate (Executor), and who will inherit your assets (Beneficiaries), especially in cases involving blended families, children with disabilities, and significant life changes.
The process of creating a Will is important to assure that all your loved ones are accommodated, and your assets are disseminated as per your desires upon your departure.
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)
Is a legal document by which you appoint a trusted person (referred to as “the attorney”) to make personal, financial, legal and property decisions on your behalf if you lose the mental capacity to do so yourself.
You bestow an Enduring Power of Attorney upon a trusted individual to make beneficial financial and personal decisions for you.
Some of the functions an attorney can carry out for you include: paying your bills, endorsing documents, engaging in property transactions, and managing shares and 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
It is crucial to involve your doctor when putting together 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