Wills & Powers of Attorney Watsonia
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.
Creating a Will is very important to make sure that all your loved ones are taken care of and that all your assets are disbursed in accordance with your wishes upon your passing.
Although creating a Will can be intimidating, our team can navigate you through every step to decrease the chance of someone contesting your Will. Wills are usually disputed if a family member feels they were neglected or not sufficiently considered. Other sorts of disputes can emerge from perceived lack of capacity, undue influence, or violation 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.
You assign an Enduring Power of Attorney to a trusted person to make appropriate financial and personal decisions for you.
Some of the duties that an attorney can make on your behalf are; paying your bills, signing documents, purchasing or selling property, 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