Rockliffs Lawyers offer a simple, cost-effective and efficient service in assisting you with the preparation of Wills to ensure your assets will be distributed in the way you desire following your death.
Whilst some people endeavour to make Wills themselves and/or by using a “Will-kit”, this can be fraught with danger as the law around Wills can be complex and if a Will is not prepared and/or executed properly. This can lead to a Will being challenged in the Supreme Court, which causes stress and considerable time being incurred, along with anguish to the loved ones of the deceased and unnecessary legal costs being incurred.
You may have worked hard to build up your assets in your estate. We consider you are doing a disservice to yourself and your family if you do not seek legal advice from a Wills and Probate Lawyer for the purpose of estate planning, ensuring you have a valid Will and that your wishes are properly recorded. It is, therefore, advisable to have your Will professionally drafted.
It is essential to make and have a valid Will if you are concerned about who will receive your assets and belongings after your death. It is particularly important to make a Will if you have a family or other dependents. Making a valid Will is the only way you can ensure your assets will be distributed according to your wishes when you die. Rockliffs Lawyers have extensive experience in Will drafting to ensure all the needs and requirements of the Will maker and their beneficiaries are met in an efficient, cost and tax efficient manner. Further, as part of our services, we offer to hold our client’s Wills in our fire proof safe for safe keeping, at no extra cost to you.
Succession & Estate Planning
Nobody likes to think about it too much, but inevitably one day you will have to leave behind your business or farm, whether by selling up, retiring or leaving for health reasons.
It is very important to have a succession plan in place that makes the transition easy not only for yourself but also for your family or employees and minimises the chances of the business or farm having to be sold up when you leave.
Estate planning goes beyond drafting a Will – it includes:
- The assessment of assets
- The assessment of likely taxation
- Advice regarding the possibility of claims against the estate by third parties
- The protection of assets
Estate planning is an active process of re-evaluating the estate when circumstances in life change, such as:
- Newly married couples or those divorcing
- A change to the family’s asset pool
- A change in working conditions such as the buying or selling of a business
- Changes to superannuation, insurance policies or taxation levels
- The establishment of discretionary trusts
A successful estate plan is made involving all family members as it will take into account not only provisions for your retirement income but also the plans, aptitudes and existing assets of younger generations.
Australia’s population is ageing and as such, there is an expanding need for expertise and legal services specifically geared to providing assistance to the legal issues affecting the elderly community and their loved ones. Elder law also involves other professionals such as financial planners, accountants, medical practitioners and aged care nurses.
Rockliffs Lawyers have experienced in Elder Law matters and can provide assistance that is clear and readily accessible.
Contact us to find out more or to arrange a consultation with an experienced estate planning lawyer in the Sydney CBD area.