Wills & Estate Planning

What is estate planning and why is it important?

Estate planning is the process of making plans (and formalising them) about what happens to you (your care and wellbeing) and your estate, in the event you become incapacitated or die.

When we talk about ‘your estate’, we mean everything you own; for example, real estate, vehicles, money in your bank account, furniture, investments, shares, life insurance and even personal possessions like jewellery or artwork.

It is important to make decisions yourself about what will happen to your assets when you die or who will manage your financial and care decisions if you become incapacitated and unable to make those decisions yourself.

At E&A Lawyers, our estate planning advice and assistance takes a holistic approach. We ensure you’re aware of all the processes and options available to you to give you peace of mind for the future.

Our key components of estate planning are:

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The simple way to get a Will: get peace of mind with a solicitor-drafted Will and other important documents. Ensure your loved ones are provided for, and have your Will prepared quickly and easily as possible.

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Learn about the key steps and timelines for dealing with a Deceased Estate including your role and obligations as executor, applying for a Grant of Probate, what to do if there is no Will and how we can help you.

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Blogs - Wills & Estate Planning

A guide to using Testamentary Discretionary Trusts

A guide to using Testamentary Discretionary Trusts

Testamentary Discretionary Trusts are a very useful and beneficial tool that can be provided for your family in your Will. But it is important that your family is aware of those benefits and does not immediately fear that using the Trust will be too complex or difficult.
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How does a discretionary trust work in relation to my Will?

Is my family or discretionary trust included in my estate?

If you have assets in a family or discretionary trust or you’re looking to create a family or discretionary trust, then the way the trust would be dealt with under your Will or estate should be considered.
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Benefits of a binding death benefit nomination in superannuation

Should I make a superannuation Binding Death Benefit Nomination?

If you complete a Binding Death Benefit Nomination, the proceeds of superannuation should be paid in accordance with the nomination and not be part of the assets of your estate.
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All you need to know about executor’s commission options

Does an executor of a Will get paid?

Depending on the size of the estate, the duties of an executor can range from relatively straightforward through to somewhat complex. This leads us to the question, “does an executor get paid for administering a deceased estate?”
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