Wills, Probate and Estate Administration
Estate Planning:
Estate planning is a way of ensuring that a person’s estate is passed onto their beneficiaries in the most financially efficient and tax effective way possible.
This is done not only for the event of death, but also for any situation in which you are unable to make decisions about your assets or your health. It is imperative to issue clear and precise instructions on how you wish decisions to be made.
Partner with SB Law to navigate the legal intricacies of your business with confidence and clarity.
WILLS:
Crafting a will is a pivotal act of testamentary foresight, transcending mere legalities to become a profound expression of your deepest desires and intentions. Within its meticulously worded clauses lies the blueprint of your legacy, outlining not just the distribution of assets but the guardianship of cherished minors and the appointment of a trusted executor to steward your estate when you transcend earthly bounds.
It serves as a roadmap for the seamless transfer of your worldly possessions, ensuring that your hard-earned assets find their rightful heirs and beneficiaries. But beyond the material realm, a will is a testament to your values, your hopes, and your enduring love for those you hold dear.
With each clause carefully crafted, you delineate the contours of your legacy, shaping the destinies of future generations and imparting your wisdom to guide them on their journey. It is a document imbued with profound significance, bridging the chasm between the present and the future, and ensuring that your voice echoes through the corridors of time long after you have departed this world.
Partner with SB Law to navigate the legal intricacies of your business with confidence and clarity.
Probate & Letters of Administration:
Navigating the aftermath of a loved one’s passing entails the delicate task of managing their estate, comprising a myriad of assets, from property holdings to financial accounts, and occasionally, outstanding debts. This collective wealth, known as the “estate,” necessitates careful stewardship and administration by the appointed Executor.
In instances where a deceased individual has not left behind a will to guide the distribution of their assets, the legal process of Letters of Administration comes into play. These letters, issued by the Supreme Court, empower a designated individual to undertake the responsibilities of estate administration, ensuring that the deceased’s affairs are managed in accordance with legal protocols.
Conversely, when a will exists, the process of probate takes center stage. Probate serves as the formal validation of the will’s legality and authenticity by the court, affirming its status as the rightful expression of the deceased’s wishes. Through this judicial process, the legal framework is established to execute the provisions outlined in the will, facilitating the orderly transfer of assets to designated beneficiaries.
Contesting a Will & Family Law Claims:
In the realm of Contesting a Will & Family Law Claims, we stand as staunch advocates for those who perceive discrepancies in the execution or administration of a will. If you suspect that the testator lacked the capacity to draft a will, or if undue influence tainted the testamentary process, you may have grounds to challenge its validity.
Yet, the path to contesting a will is fraught with complexities and potential pitfalls. Strict timelines govern the initiation of legal proceedings, and the process itself can be emotionally and financially draining. However, our paramount objective is to alleviate this burden by providing a friendly and cost-effective solution. We offer deferred fees and compassionate guidance to ensure that your legal rights are upheld with dignity and respect.
Our comprehensive suite of services spans the entire spectrum of estate-related matters, from proactive estate planning to the intricate nuances of probate and estate administration. Whether you seek to safeguard your legacy through meticulous planning or navigate the complexities of will disputes, our dedicated team is here to champion your cause every step of the way.
Our services include:
Estate planning
Deceased estates and superannuation
Will disputes
Contesting a will
Power of attorney
Medical authority/directive
Probate and estate administration
Resource Links
https://www.supremecourt.vic.gov.au/wills-and-probate
https://moneysmart.gov.au/wills-and-powers-of-attorney
https://www.legalaid.vic.gov.au/find-legal-answers/wills-and-estates
