Wills and Estate Lawyer Sydney
It can sometimes be a difficult, emotional and time-consuming process to put your affairs in order but you want to know that your loved ones are properly taken care of and will receive an appropriate distribution of the assets in your estate.
Have you updated your will?
A will is a legal document that comes into operation following your death and can cover many issues such as:
- how you want your assets to be distributed
- how you want your liabilities to be paid
- who will look after your children if they’re still young
- how much money you’d like to give to charities
- your specific plans for your funeral or cremation
While it is not pleasant to consider your eventual passing, you should ensure that you do not leave a situation whereby your assets will be distributed according to the laws of intestacy rather than in accordance with your wishes.
In order to take careful instructions from you for preparation of your will, Fay will discuss with you in conference details such as your assets, health issues and arrangements as to your children or grandchildren to ensure that your particular needs are understood. Remember, a cheap will may not necessarily cater for your individual circumstances if there has been a lack of discussion and no detailed instructions are provided.
Fees for preparation of a simple will are in the order of $650 plus GST.
Contact a Sydney Wills and Estates Lawyer Today!
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Send an enquiry or call on 0416 196 541.
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Wills FAQs
What is a will?
A will is a legal document that sets out how your assets, liabilities and guardianship of children should be handled after your death.
Why do I need a will?
A will ensures your wishes are followed, your loved ones are provided for and your estate is distributed according to your instructions rather than under the laws of intestacy.
What can be included in a will?
A will can cover distribution of assets, payment of debts, guardianship of children, charitable gifts and funeral or cremation arrangements.
How do I update my will?
You can update your will by consulting a lawyer, discussing your assets and family circumstances and preparing a new will or codicil to reflect your changes.
What happens if I die without a will?
If you die without a will, your estate is distributed according to intestacy laws, which may not reflect your wishes or provide for your chosen beneficiaries.
Who should I appoint as executor?
An executor is the person responsible for administering your estate. You should choose someone trustworthy, capable and familiar with your wishes.
What is a simple will and how much does it cost?
A simple will outlines the basic distribution of assets and guardianship and typically costs around $650 plus GST, though fees vary depending on complexity and legal advice required.
Can a will be challenged?
Yes. Eligible beneficiaries may challenge a will if they believe it is invalid, unclear, or unfair, or if legal requirements were not properly followed during preparation and execution of the document.
What is an informal will?
An informal will is a handwritten or video-recorded document that may express your intentions but might not meet all legal formalities. Courts decide its validity on a case-by-case basis.
