Wills and Estate Planning
Planning for your family’s future after you’re gone is a really important legal task
If you take the time now to make an effective legally binding will, you can save your family not only stress but money in what will undoubtedly be a difficult time for them. An effective legally binding will ensures that upon your death, your assets are distributed to whom you want in the manner you want.
Kyrimis Lawyers can help:
- Advise you in regard to estate and probate laws
- Write a will that suits you and your estate and the benefit of your loved ones and minimises the tax burden for your family
- Set up family and testamentary trusts
- Advise you in regard to choosing executors and guardians
- Minimise the chance that your will is contested and subject to litigation
- Advise in regard to estate tax (including capital gains) and financial concerns
- Safely store your will and other important legal documents
At the same time as considering your will we strongly recommend that you also put in place plans for any future incapacity through power of attorney and advance care directive (guardianship) documents. This will ensure that if you somehow become unable to make decisions about your finances, your medical treatment or living arrangements, then you get to choose the person(s) who you trust to make these decisions on your behalf .
Estate Administration and Probate
At Kyrimis Lawyers, we understand that dealing with a deceased estate is one of the more difficult challenges in life. From mountains of paper work to legal jargon and simmering family disputes, they’re the last things you want to deal with when you’re grieving the loss of someone important in your life.
So, let us help you by:
- Interpreting the will of the deceased and explaining estate laws
- Advising executors and trustees in regard to their duties and rights
- Informing government bodies including Centrelink and Veterans Affairs
- Applying for probate of the will in the Supreme Court
- Dealing with intestacy (where there is no Will) and applying for letters of administration
- Identifying estate assets and liabilities
- Obtaining valuations of estate property
- Collecting estate financial assets including superannuation, bank funds, shares, outstanding loans, and insurance payouts
- Selling or transferring estate property including estate auctions
- Paying estate debts including mortgages, funeral costs, and testamentary expenses
- Advising in regard to family and testamentary trusts
- Administering trust funds
- Distributing bequests and inheritances to beneficiaries
- Organising information for estate tax returns
- Family mediation and negotiation
- Contesting wills and defending estate litigation in the Supreme Court
Contact us to arrange a consultation.