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Personal assets are under greater threat due to increased litigation and government regulations. It is important to ensure your assets are appropriately safeguarded.
Developing an estate plan allows you to retain control of your assets while also enabling you to determine who will make decisions on your behalf should you not have the capacity in the future. More than just a will, an estate plan also takes into account your superannuation and powers of attorney as well as assets held solely in your name or jointly with others, or assets held in private companies or trusts.
Macmillans Waller Fry assist clients to ensure that their assets are transferred to their chosen beneficiaries efficiently and tax effectively. We also consider how your provisions will minimise financial difficulties for beneficiaries, be easy to administer, economical to maintain and preserve benefits from access by non family members such as estranged partners of your children.
Our experienced team of wills, probate and estate litigation solicitors will work with you to assess the relevant issues and advise you frankly of the legal options and avenues available to you.
We are also able assist in arranging general, enduring, financial and medical powers of attorney.
Having a valid will is the best way you can ensure that your personal effects and assets will be distributed in the way that you want them to be following your death. Issues such as superannuation, trusts, control of businesses, capital gains tax, claims by beneficiaries, risk of being sued, tax problems, second marriages and Family Law claims mean that a simple will just won’t produce the best result.
At Macmillans Waller Fry, we can assist you to prepare a will that makes sure your assets are dealt with in the way that you would like.
Other areas we provide services in are: