Succession and Planning

Farrellys has provided will drafting and estate planning and administration services since inception, and retains a bank of Wills going back many years.

Making a Will with Farrellys ensures that the assets that you have worked so hard to accumulate during your lifetime are distributed in accordance with your wishes.

The cost of having a Will professionally prepared is usually minimal compared with the extent of your estate.

We work with you to ensure that what you leave your loved ones is an estate that can be efficiently administered with a minimum of uncertainty or conflict between potential beneficiaries.

A professionally prepared Will provides certainty in the administration of your estate, reduces the possibility of estate litigation, and can potentially save your estate thousands of dollars in legal fees.

You might think that you have so few assets that a Will is unnecessary, or that you have arranged your financial affairs so that the intestacy laws will provide for your family.

However, you could be leaving your family uncertainty, distress, expense and delay rather than ensuring that your hard-earned assets go straight to the people who you want to benefit from your estate, with the least cost to your estate.

If you have significant assets, you can provide your family with tax effective structures in your Will to ensure that the estate can continue to grow for the benefit of your family whilst being protected from attack by third parties.

We work with your financial planner or accountant, if necessary, to carefully plan your estate and prepare your will to make sure that ownership of the assets you leave is structured appropriately.

If you have not been provided for in the Will of someone who had a moral duty to provide you, you may have a cause of action against the estate.

Similarly, if you have concerns regarding the validity of a Will, you may have legal rights against the estate of a deceased person that can be pursued.

We can help with the following:

• Estate planning
• Will drafting
• Testamentary Trust Wills
• Estate Administration
• Estate Litigation
• Powers of Attorney.

Our practitioners in this field are:

Peter Lade

Jeneve Frizzo

legal@farrellys.com.au

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