The Role Of A Will and Estate Lawyer

26.09.2022
The Role Of A Will and Estate Lawyer

No one wants to be in a position where they leave their estate planning to the eleventh hour.

As the saying goes - if you fail to plan, then you plan to fail.

Life sometimes throws us all curveballs at different times in our lives, and we can never really know what is around the corner.

Not to be all doom and gloom about it, but when considering your life and your estate when the time comes, it’s important that you are prepared and have all your ducks aligned – how you want.

A will and estate lawyer in Chatswood can assist with all aspects of wills and estate planning.

Today we’re going to look at some of the things a will and estate lawyer, like TY Lawyers in Chatswood, can do for you and why you should hire a will and estate lawyer.

Estate Planning and Wills

A will and estate lawyer in Chatswood can assist you with all facets of your estate planning.

Some of these things include:

  • Structuring and writing your legal Will
  • Appointing trustees and a will executor
  • Advising you on distribution of your estate
  • Advising you on any tax issues when putting together your Will
  • Any potential guardianship for children

Although these days there is the option for DIY your own Will kits, to make sure it’s done properly it’s best to get a professional to do it for you, like a will and estate lawyer in Chatswood, especially if the Will is complex with many factors to consider like a business, multiple assets and children.

To make a Will you must be 18 years old and be of sound mind.

There must also not be any external undue influence or coercion present when making your Will.

Contesting A Will

It can feel very unfair if you are left out of a Will when you think you should have been included.

Not only is it a sad time losing a loved one, but if you’ve then also been excluded from an inheritance when you thought you wouldn’t be, it can be very hard to process it all.

If you find yourself in a position where you believe you’re entitled to a part or all of an inheritance, it’s a good idea to obtain legal advice from a Will or Estate Lawyer in Chatswood.

In order to content a Will, you need to confirm your eligibility and keep in mind the following factors:

  • There are time limits on contesting Wills
  • Only specific people related to the deceased can contest a Will
  • There are costs associated with contesting Wills
  • It can take time to contest a Will

If you are eligible to contest a will, it is done through the Supreme Court of NSW.

You can claim if you feel you’ve been unjustly been excluded from a will, or if you believe your bequest is inadequate. If you are successful, you’ll receive a share or a larger share of the deceased estate.

Notary Public Chatswood

TY Lawyers are not only expert Will and Estate lawyers in Chatswood, we also provide notary services for authentication of your documents for domestic and international use.

If you’re looking for an experienced notary public in Chatswood, get in touch with TY Lawyers on (02) 8007 0135 or via email on mail@tylawyers.com.au.

In conclusion, estate planning and constructing your Will are often overlooked, but are vitally important tasks. Don’t delay today and get in contact with our lawyers in Chatswood and make it happen!

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