5 Reasons to Get Your Affairs in Order Sooner Rather Than Later
If the last two years have taught us anything, it is that life is unpredictable, uncontrollable and always full of unwanted surprises. Making a will and settling one’s affairs well before something unexpected happens is a step each person can take to provide them and their loved one’s peace of mind. Access Law Group’s estate planning lawyers take pride in providing all clients with succession planning and estate lawyer services.
Author:Tom Ellicott
23 May 2022
We will carefully examine the matters which are important to you and look at ways to safeguard your beneficiaries. That’s our job. Many forms of wills exist to safeguard your assets for your beneficiaries and with a highly experienced team we can provide the best solutions for you.
Protection you when you cant – Powers of Attorney and Enduring Guardianship
Appointing an enduring guardianprotects you from an unforeseen future situation where you are unable to communicate your wishes about your health and wellbeing. In an emergency situation, medical staff attending to you are placed in the default position of deciding how to treat you and appointing a guardian ensures that your wishes are communicated clearly and effectively by someone you love and trust.
Powers of Attorney are a must for everyone. There are times in life when we are not able to make decisions about our property and financial affairs and appointing an attorney to make decisions safeguards your financial best interests.
Prevent Conflict Between Family Members
The failure to create a will often leads to major disputes between family members when trying to determine property rights, transfer of assets and even making decisions about your medical treatment. By clearly laying out the details of who should be the rightful recipient of your various assets, properties and other valuables, you can make sure that there is no souring of family relations due to avoidable ambiguities.
Naming an Executor
In the event of your death, a will ensures that a trusted person, nominated by you, is placed in charge of your affairs. This allows for your estate to be dealt with in accordance with your wishes. If no will is created, an executor is appointed by the court and decisions are then placed outside the control of your family.
Guardianship of Children
A will is not just for the elderly. If you have children, then it is important to have a plan in place in case of your unexpected death. This document will help divide property between children who are of legal age and nominate a guardian to care for them if they are minors. Without a will, the court has the power to determine who should care for your children.
Peace of Mind
Getting your affairs in order can be a sombre process, but at Access Law Group, we advise our clients to focus on the peace of mind that comes with knowing that your final wishes regarding your family, property and other valuables are included in a legally binding document. Making a will helps gain perspective, eases decision making and even provides insight into future life plans.
Estate Planning and Succession Planning Lawyers in NSW
Access Law Group’s wills and estate lawyers have years of experience assisting clients with personalised services to get their affairs in order. We understand the importance of a clearly worded will and strive to help our clients make clear decisions about how to settle their affairs. Contact our estate planning lawyers today.
