Wills + Estate Planning
If you’re an adult with assets in your name, you need a Will. You may own a house, a car, shares, superannuation, or money in the bank; whatever the case, whichever season of life you’re in, if you have assets then you need a Will. Unfortunately, many people are under the misconception that their loved ones will automatically inherit their estate if they die without a Will.
What is Estate Planning?
Estate Planning is a legal service that involves the creation of a comprehensive strategy to manage and distribute your assets.
This service encompasses the drafting of your Will to specify how assets are distributed, and can establish testamentary trusts for asset protection and tax minimisation.
The objective is to ensure that your wishes are implemented and upheld whilst minimising potential claims against your estate and providing a clear framework for the succession of your assets and financial resources.
Why do I need a Will?
If you don’t have a Will you lose control over who will manage your estate and how your assets are distributed. Yes, it is true Wills can be contested, however, it is still crucial that you document your intentions in a Will prepared by an estate planning specialist.
What is the Varga Lawyers’ difference?
We have drafted thousands of Wills. As Wills + Estates specialists, we are very familiar with the processes and the consequences which flow from poorly drafted Wills.
Whilst we are more than able to draft standard Will documents, we have the relevant expertise and experience to draft complex Wills. We have drafted many Wills containing Special Disability Trusts, Testamentary Trusts, Life Interests, Rights to Reside, Protective Trusts, Charitable Trusts, Education Trusts, Superannuation Gifts, Legacies, Gifts of Property, and clauses which ensure the proper succession of Family Trusts and Companies.