Complete Wills

Complete Wills

Our Complete Will is simple, but at the same time comprehensive.  It deals with a number of often overlooked Estate Planning issues.

The Complete Will deals with a number of often overlooked Estate Planning issues, including:

  • The identification of appropriate Executors and Trustees, (and alternates), as well as provisions dealing with the appropriate remuneration of Executors and Trustees (if applicable), and any impact that such roles may have on legacies and entitlements.
  • Specific gifts to specific beneficiaries – with potential indexation of monetary legacies.
  • Dealing appropriately and comprehensively with your “residual estate”.
  • “Gift-over” provisions to the next-of-kin of intended beneficiaries who pre-decease you or who do not attain a vested interest in your estate.
  • Comprehensive Executor and Trustee powers, dealing with all forms of securities, gifts to infants.
  • “Family provision” explanations, to minimise the risk of potential disputes by disgruntled beneficiaries.
  • Provisions dealing with the passing of control over any trusts in which you are involved.
  • Provisions dealing with the passing of control over any private companies in which you hold shares.
  • Provisions dealing with the appointment of guardians over minor children, or persons over whom you may have been granted guardianship – including financial and non-financial provision for those persons.

Before deciding whether a Complete Will meets all your Estate Planning objectives, we strongly recommend that you also read about our Testamentary Trust Wills here.

What next?

If you would like to explore the benefits of using a Complete Will (as opposed to a “simple Will”), call us on 1300 654 590 or email us.

Want to know more?

Click here to find out more about how we can help you with your Estate Planning needs.

 

The information contained in this post is current at the date of editing – 20 November 2023.

Our Great Lawyer Guarantee

We want to be part of your team over the long term. We'll achieve this by sticking closely to the following principles:

  • We'll listen carefully to understand what you want to achieve. Then we'll thoroughly explain our advice and step you through the documents. You can be sure you'll know the full consequences.
  • Our lawyers work as a team, so someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
  • One of our key goals is to pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
  • We only do what we're good at. You can be confident that we know what we're doing and won't pass on the cost of our learning.
  • For advice and documents, we provide a fixed or capped quote so you don’t take price risk. If you're in a dispute, we'll map out the process and costs so you know what to expect.
  • We're not in this game for our egos. We're in it for a front row seat to witness your success.

We measure our success on how efficiently we have facilitated your objectives, enhanced your relationships, and reduced the level of stress for all involved.

If we sound like people you can work with, call us now and speak directly with a great lawyer.

Advising under an EPOA: Know your duties and risks

Advising under an EPOA: Know your duties and risks

As a professional adviser, you may have been instructed to manage personal wealth matters for clients in a way that benefits not only your client but also their families.  Your client, like Mary, may have routinely provided regular financial support to their family – adult children, grandchildren, spouses, or even elderly parents. This support can be informal but deeply entrenched, often continuing for years. 

But what happens when your client loses capacity, and their Enduring Power of Attorney (EPOA) takes effect? 

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