Give your family and friends peace of mind by generating a legally effective will.
We strongly advise that you do not use a DIY Will kit.
- You risk not expressing your intentions clearly enough
- You risk not drawing-up your Will properly
- You may create a tax liability that your beneficiaries will have to pay
Our Wills & Estates Services
Legal planning secures your assets for the future benefit of your family and loved ones. Drawing on many years of legal experience, North Brisbane Law provides legally effective wills.
Choosing North Brisbane Law to produce your estate documents may be the most financially secure decision you will make.
- Drafting of Wills
- Probate and Administration of Estates
- Powers of Attorney
Your family, your friends and the causes dear to your heart are important. That’s why it’s crucial you prepare a legal Will. Many people feel that they don’t have enough to leave, or that their affairs are too simple to necessitate a will. Yet the need for a Will is most important if you want your wishes carried out and to avoid the issues your loved ones will face if you die intestate (without a will), especially at a time when they are least able to cope with such things.
What is a Will?
A Will is a legal document setting out who will receive your property and possessions after your death. You will need to decide on the person or persons you wish to have act as the Executor/s of your Will.
The executor must collect all your assets, organise the payment of your debts and then distribute your property in accordance to your Will.
Why is it more important than ever to have a formally written Will?
As we live longer, and have more significant relationships, dividing our estate after a death becomes increasingly more complicated if a Will isn’t left. If you don’t make a legal Will, your estate is distributed using a formula determined by the government – a formula that may fail to address your wishes and the needs of your friends and families
Whether it be preparing your Will or advising on legal disputes such as challenging a Will in Court, our legal team are here to simplify the process and protect your rights. Speak to the solicitors at North Brisbane Law today by filling out a contact form or giving us a call.
What is an enduring power of attorney?
An enduring power of attorney allows you to give your attorney (a person you select) the power to make financial decisions–and/or personal or health decisions–if you lose the capacity to make decisions for yourself. An enduring power of attorney allows you to plan for the unexpected, such as an accident or physical or other illness.
You can nominate 1 or more attorneys and say when their power will begin. You can give your attorney(s) the authority to make any decision that you could legally make yourself or limit their powers to terms set by you.
What is Estate Administration?
When the time comes to administer the Estate you can trust one of our team. We will take the most cost-effective approach available and keep you informed along the way.
Applying for probate
For the application to proceed smoothly, it is important that the necessary advertising be undertaken and that the forms/documents be presented to the Court correctly completed.
Obtaining a Grant of probate is necessary when the Estate has assets, generally in the form of cash or other investments of a particular value. Generally, for lesser amounts banks will release funds to the Executor upon receipt of an acceptable indemnity. Most banks, however, will not accept an indemnity for amounts over $50,000 and will require probate.
Probate can also be necessary when the Executors are not family members and require the protection offered by a Grant should it later eventuate that the Will is proven invalid.
Once an Estate is realised we can assist in distributing the Assets in accordance with the Will.