Basically, your will is an instruction manual for your executor when you pass away. It holds your instructions for how you want your estate to be distributed when you pass away. It should be detailed and clear to avoid any disputes.

Wills give you the opportunity to plan how you want your hard earned wealth and assets to be distributed. We can provide options to allow you to protect your wealth, minimise taxation and keep your wealth within your bloodline.

Our wills allow you to protect and provide for those that are vulnerable to alcohol or substance abuse, bankruptcy or that may suffer from disabilities. Ensuring they are looked after when you pass away and don’t miss out on their inheritance. Everyone is unique and should have a will tailored to them.

An executor is responsible for carrying out the instructions in your will, including distributing assets, paying debts, and handling any legal matters. Choosing the right executor is vital.

If you pass away without a will, your estate will be distributed according to intestacy laws, which may not align with your wishes. It's essential to have a will in place.

Not at all - but you can definitely leave it too late. If you don’t have one – it can leave those you leave behind vulnerable to disputes, unnecessary tax and legal costs. While some people say “I don’t want a will”, if you don’t leave a valid will behind? The government gives you an estate plan via succession legislation. Each state’s legislation is different and could prove an unfavourable outcome.

Absolutely. You can update or change your will as your circumstances or wishes evolve. It's best to consult a solicitor for revisions to ensure your will remains valid.

Yes, it's possible to draft your own will. However, DIY wills can be risky if they aren’t drafted correctly, potentially leading to ambiguities, disputes, and unintended consequences. A solicitor can ensure your will is legally valid and binding, reducing the chances of disputes and ensuring your wishes are properly documented.

• Legal Expertise: A solicitor has a deep understanding of estate planning laws and can customise your will to suit your unique situation.

• Minimising Errors: Solicitors help prevent common mistakes that can render a will invalid.

• Avoiding Disputes: Professionally drafted wills are less likely to face challenges.

• Tax Efficiency: A solicitor can assist in minimising tax liabilities for your beneficiaries.

While DIY kits are cost-effective, they often lack the flexibility to cater to individual circumstances. Errors or ambiguities can lead to legal challenges, unintended outcomes, and potentially negate the will's purpose.

To start the estate planning process with Empire Law, simply contact our office for a consultation. Let’s get started.