A will is a legal document that outlines your wishes of the distribution of your property and other assets after death. A will also gives you the opportunity to nominate a person or persons who you wish to manage all your assets until it is distributed accordingly.
Preparing a will is the best way to protect where and how your property and other important assets are distributed following your death. A will gives you the opportunity to leave instructions for the things that matter to you. Having a will decreases the risk of disagreements arising between family and friends regarding your wishes and what you wanted done with your assets. If you pass away without a will, state law governs what happens to your assets and often large estate taxes are enforced on properties owned by you and those closest to you may not gain the benefits and inherit the things you may have wanted to pass on.
You can prepare a will at any stage in your life and it can be modified and changed as you grow and gain different assets and relationships.
The team at Eden King Lawyers understands that preparing a will can be a daunting task, our team is here to support and guide you through every step.
Probate is the legal process that occurs following your death. This process is used to validate the will of a deceased person, in NSW it is a court order made by the Supreme Court of NSW which gives the executor named in your will the rights to distribute your assets according to your wishes.
Our lawyers are educated and experienced in probate cases and understand the circumstances around these matters are extremely hard for everyone involved. Our team is dedicated to providing phenomenal support and legal assistance to you throughout the entire process.