Legal Will & Estate Planning Lawyers Sydney
A Will is a legal document that outlines how you want your wealth, possessions and assets to be distributed after your death. An Executor is the person you make responsible for administering your Will and ensuring your wishes are carried out.
We understand this can be a confronting exercise. However, it is essential if you are to have peace of mind that your loved ones will be cared for and supported in the event of your passing. As such, it is important to keep your Will up to date.
Legal Wills and relationship breakdowns
Experiencing a relationship breakdown after you create a Will leaves your final wishes vulnerable. Why? Because last Wills and Testaments are enduring; they will not change just because your relationship status has altered.
Moreover, it is very likely your nominated Executor is your former spouse or de facto partner. It is therefore imperative you prioritise and revise your Will and estate planning. Relationship changes are not the only things that can affect the ultimate outcome of your wishes. Other factors include:
Having children
Family members (beneficiaries) passing away
Buying or selling real estate
Founding or finishing a business
Receiving an inheritance
Significant financial changes
Therefore, we recommend that Wills in Australia be reviewed every three to five years. Espino Law can help assist you in creating your first Will or replacing or updating the existing one.
Call about creating a family will on 1300 377 466.
Our Will estate planning services.
We have extensive expertise across all areas of Will and Estate Law and can assist with the following services:
Drafting your testamentary document.
Legal advice strategies to reduce the chance of someone mounting a challenge.
Acting as custodians in keeping a copy of your Will safe.
Drafting other important estate planning documents for example appointment of Power of Attorney and Enduring Guardian.
Why Espino Law for your Will and Estate Planning?
Espino Law’s Founder, Kateryna, holds a Family Law Master's Degree and has exemplary knowledge, skills and experience in dealing with last Will and Testaments in NSW.
Our understanding and specialist skill set means you ultimately save time and money - we help you fast-track the process and get it right the first time.
We don’t leave a single stone unturned. This can be an overwhelming time for you - we know all the questions to ask to ensure every eventuality is considered and dealt with.
Our expertise in Family Law means we can also support you in other legal matters.
FAQ
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Our specialist legal advice makes this a streamlined, efficient process that will save you significant time, anxiety and, most likely, costs. Please reach out to a team member to learn how reasonably priced our services are.
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We strongly advise you not to use a DIY kit or free standard Will template. A generic, no-cost document cannot possibly reflect the complexities and subtleties of your situation. It might also not follow the specific guidelines for each individual Australian state and territory (legalities differ from state to state). Moreover, it is also very vulnerable to a contest. Finally, it can delay the time before beneficiaries receive their inheritance. For these many compelling reasons, we recommend you appoint legal experts to create a robust, thorough last Will and Testament.
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When you come to Espino Law, you leave everything in our hands. We meet and ask you questions to fully understand your situation. We take responsibility for accessing the appropriate supporting documentation you may require, and we ensure all the steps in the process are met. This can be an overwhelming exercise if you don’t have the legal knowledge and experience. With Espino Law on board, things become a lot more straightforward.
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Now. Unfortunately, the very nature of life means none of us truly knows what is around the corner, so the best time to do this is right away. This is especially true if you already have a Will but have experienced a significant life change, as outlined above.
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Legal jargon refers to this as dying ‘intestate’, and it complicates things for any loved ones you leave behind. The Court becomes ultimately responsible for making all decisions on your behalf, which probably strikes you as wholly inappropriate. All the more reason to appoint Espino Law now, whilst you are still in a position to do so.