Any person wishing to give away gifts or property after their death should make a Will.
This guarantees that property owned by you is dealt with according to your wishes and is not subject to an arbitrary list of persons established by the Government or costly Court proceedings brought about by confusion as to what your real wishes were.
Estate and succession planning goes beyond drafting a will – it includes:
- The assessment of assets
- The assessment of likely taxation
- Advice regarding the possibility of claims against the estate by third parties
- The protection of assets
A successful plan is made involving all family members as it will take into account not only provisions for your retirement income but also the plans, aptitudes and existing assets of younger generations.
Probate & Deceased Estates
At Snelgroves we understand that dealing with a deceased estate is one of the more difficult challenges in life.
From mountains of paper work to legal jargon and simmering family disputes, they’re the last things you want to deal with when you’re grieving the loss of someone important in your life. So, let us help you by:
- Advising executors and trustees in regard to their duties and rights
- Applying for Probate of the Will in the Supreme Court
- Dealing with intestacy (where there is no Will)
- Identifying estate assets and liabilities
- Collecting estate financial assets including superannuation, bank funds, shares, outstanding loans, and insurance payouts
- Selling or transferring estate property including estate auctions
- Paying estate debts including mortgages, funeral costs, and testamentary expenses
- Distributing bequests and inheritances to beneficiaries
- Organising information for estate tax returns
- Family mediation and negotiation
- Contesting wills and defending estate litigation in the Supreme Court