Wills & IntestacyLeave a legacy for the people you love
Wills & Intestacy
It’s a sad fact of life that at some stage, we must all die. Leaving your assets to important family members, friends and even organisations, can ensure your legacy lives on and continues to contribute to the well-being of others.
Wills and estate planning are essential to ensure the orderly distribution of your assets after your death. A Will enables this to happen according to your wishes and in the most tax-effective way.
If you die without a Will (known as ‘intestate’) your estate will be distributed according to the provisions of the Administration and Probate Act 1958 (Vic).
At Clancy & Triado our experienced lawyers can assist you with all aspects of creating a Will and estate planning including:
- Drafting and maintaining an up-to-date Will;
- Considering Powers of Attorney if you are not able to manage your own financial and legal affairs;
- The use of trusts and other financial arrangements.
If you are over the the age of 18, a Will can be drawn up to cover things like how your assets will be distributed, who will look after your children if they are still young, the establishment of a testamentary trust to provide for your beneficiaries or for charitable purposes, donations to charities, and even instructions about your funeral.
While some Wills are relatively easy to draw up, others are more complex. Either way, expert legal advice will help to ensure your Will delivers on your intentions.
At Clancy & Triado, our expert lawyers can:
- Prepare your Will to ensure that it operates as you intended, and minimise the risk of it being challenged;
- Provide you with comprehensive advice on all relevant issues so that your Estate, your future care and the welfare of your family is protected;
- Advise you of the best options to manage circumstances such as a second marriage, blended families, difficult family members, and family members with financial and/or other troubles in order to ensure your beneficiaries are appropriately provided for;
- Discuss the role of Executors and Administrators and work with you to establish the best placed appointments to those roles.