Category: Wills and Estates

Estate planning is a crucial process to ensure your assets are distributed according to your wishes and that your loved ones are provided for after your passing. For residents of Victoria, understanding the costs associated with estate planning can help make informed decisions about securing your future. This article breaks down the typical costs involved,… Continue reading How Much Does Estate Planning Usually Cost In Victoria?

Estate planning is a crucial step in ensuring your assets are managed and distributed according to your wishes. However, many individuals in Victoria wonder whether the costs associated with estate planning can be claimed as tax deductions. This article explores this topic in depth, providing clarity on the tax implications and additional considerations for those… Continue reading Are Estate Planning Costs Tax Deductible In Victoria?

Understanding the intricacies of wills and estate planning is crucial for anyone looking to secure their assets and ensure their loved ones are taken care of. While both processes aim to manage your affairs, they serve different purposes and involve distinct strategies. This article explores the key differences between a will and estate planning, providing… Continue reading What is the Difference Between a Will and Estate Planning?

If you are starting your estate planning journey understanding which documents you need is essential to ensure the process goes smoothly and everything is accounted for in the estate plan. This guide outlines the documents required for estate planning and why they are important. Essential Documents for Estate Planning Creating a comprehensive estate plan involves… Continue reading What Documents Do You Need for Estate Planning

Understanding the requirements for a valid will is crucial for ensuring your wishes are carried out after your passing. In Victoria, specific legal standards govern the preparation and execution of wills. This guide explains what makes a will valid, offering a comprehensive breakdown to help individuals secure their estates and provide peace of mind. Legal… Continue reading What Makes a Will Valid in Victoria?

Estate planning is a significant consideration for everyone, but many overlook it, thinking it’s only for those with extensive assets or complex estates. This article will guide you on when to start estate planning, how an estate plan protects you, and why this crucial step is essential, no matter your circumstances. Why You Need an… Continue reading Do You Really Need An Estate Plan?

Creating an estate plan is a critical step for individuals in Melbourne and across Victoria to secure their assets and ensure their wishes are followed after they pass. While some people may consider handling the process independently, the expertise of an estate lawyer can provide invaluable peace of mind and legal assurance. In this article,… Continue reading Do You Need a Lawyer to Establish An Estate Plan?

Did you know that your superannuation might not automatically go to your kids (or others you wish to benefit), even if that’s your wish? If you’re separated but not officially divorced, your ex or new partner could end up inheriting it instead. Superannuation isn’t covered by your will, which is why it’s crucial to have… Continue reading Don’t Let Your Ex Get Your Super! Why a Complete Estate Plan Matters More Than You Think

Going through a separation is always difficult, but with many life changes taking place ahead of the fresh start to come, it’s a also a critical time to ensure your estate plan is either updated or put in place to protect your hard work and assets for the benefit of your chosen loved ones. If… Continue reading 5 Reasons You Need a New Will And Estate Plan After Separation

You can write your own will without a lawyer but why take the risk? If the law is not followed, your will may be deemed invalid by the court and unenforceable, or it may be so unclear or improperly drafted that a court may have to decipher your intentions, incurring additional and unnecessary legal expenses… Continue reading Anyone Can Write Their Own Will – So Why Use a Lawyer? The Pitfalls of DIY Wills