At Ramos & Co Lawyers, we can help you with all aspects of wills and estates—from drafting and creating your will to administering your estate. A will is a legal document that sets out your wishes for how your estate will be distributed after you pass away. It is important to have a will in place so your loved ones know your wishes and can carry them out accordingly.
When it comes to your will and estate, you want to ensure everything is in order. Without a will, the distribution of your estate will be decided by the courts, which may not be in line with what you would have wanted. By having a will, your family and beneficiaries can avoid the stress, uncertainty and expenses that come with making decisions on what to do with your finances and personal affairs.
Estate planning is an important process everyone should go through, no matter their age or financial situation. It gives you peace of mind knowing your loved ones will be taken care of in the event of your death. What's more, it can also help minimise any tax implications for your estate.
At Ramos & Co, we can help you with all aspects of estate planning including:
Reviewing & updating your will
Submitting probate applications
Distributing your assets according to your wishes
Going through this process is a sensitive time for you and your family. We will work with you to make sure everything is taken care of in a professional and compassionate manner. For more information, book a consultation with our lawyers today on(07) 4972 7707.
What are some things to consider when drafting a will?
When drafting a will, you should consider:
Appointing an executor
Appointing guardians for minor children
How you would like your assets to be distributed
Making provisions for any special circumstances
Naming a beneficiary for any life insurance policies
Your funeral wishes
Can I challenge a will in Australia?
If you believe a will is not valid, or you have been unfairly left out of a will, you may be able to challenge it. In Australia, there are strict time limits in place for challenging a will, so it is important to seek legal advice as soon as possible if you think there may be an issue with a will.
Who should I nominate as the trustee for my will?
When appointing a trustee for your will, you should choose someone who you trust to carry out your wishes and administer your estate in accordance with the law. The trustee can be a family member, friend or professional such as a lawyer or accountant.
There are a number of grounds on which a will can be challenged including:
At Ramos & Co, we offer extensive estate dispute resolution services. We can help you protect the wishes of the deceased or help you through the will challenging process.
The will was not validly executed
The deceased lacked the required mental capacity to make a will
The deceased was unduly influenced by another person when making the will
