Eden King Lawyers is here to help you to plan ahead with your estate planning.
Estate Planning should be planned well in advance and should not be left until it is too late. A well planned strategy will provide your estate and family members certainty and saves expenses in the long terms.
Estate Planning involves the following:
- Making a will
- Powers of Attorney
- Appointment of Enduring Guardian
- Probate & Administration
- Estate Litigation / Will Disputes
Powers of Attorney
At some point of time in the future, you may need someone to look after your financial and welfare affairs. This may be in the short term, if you go abroad, or permanently, if you become incapable of managing your own affairs. Indeed, if you have not appointed an attorney and become incapable of looking after your affairs, then your finances cannot be dealt with until the court appoints someone. This can be a complicated, expensive and an extremely lengthy procedure. We can advise you fully on what powers you may need in the Power of Attorney and how to draft it to best suit your needs.
Appointment of Enduring Guardian
An Enduring Guardian is a similar concept to a Powers of Attorney in which you allow the Attorney makes decisions for your behalf. However, an enduring guardian will only come into effect when you have lost the capacity to make those decisions. An Enduring Guardian can also makes health and lifestyle decisions for you.
You can choose when an appointment takes effect, whether it be from the date you sign the document, the date the appointment is accepted, or upon some other event such as medical evidence being provided to the effect you have lost capacity. Decisions will continue to be made by you until you lose capacity.
Estate Litigation / Will Disputes
Eden King Lawyers are well aware that, unfortunately, at times of a bereavement, family circumstances can become acrimonious and the estate becomes in dispute. What’s important is ensuring that your interests are protected and that you understand your entitlements and obligations. Whether the dispute is between the beneficiaries and executors or guardianship and administrator, our friendly and experienced team will be able to advice and act on your behalf.
Trusts have many uses, the most common being family and asset protection and tax planning. However, there are also particular trusts for disabled people and charities. We have experience in drafting and administering all types of trusts and in advising clients on tax treatments of different types of trusts.