What if I die without a Will? Gisele Reid, Gold Coast Lawyer, explains the implications.

I’ve been named Executor of a Will. Hear from Brendan Nyst on your obligations.

Can I challenge a Will? Brendan Nyst explains when to claim against a deceased estate.

PREPARING A WILL

Our lawyers understand the stress and uncertainty that can occur when a loved one passes. The additional pain that the lack of a well-considered Will can bring to a family can be avoided. Estate disputes can be costly and can lead to broken relationships.

An important thing to be aware of is that Wills and Estates are closely linked. Most estate disputes can be avoided before the death of the testator when the testator makes his or her Will. A well drafted and well considered Will, done early, is the best way to minimise estate disputes later.

Question: “When should you consider having a Will made?”

Answer: “When there is a life changing event that makes you think you should have a Will.”

The following events have been identified as triggers.

  • Getting married
  • Having children
  • Setting up a business
  • Divorcing
  • Re-marrying
  • Serious and potentially terminal illness

If you think that a Will is important for you, view our information videos and contact us to discuss your circumstances.

ACTING AS EXECUTOR OF A WILL

If you have been appointed the Executor of a deceased estate, it will be your duty to manage the estate for the beneficiaries.

Administering a deceased estate can be a time consuming and difficult task for an Executor. Ordinarily it will include:-

  • Obtaining a grant of probate from the courts;
  • Interpreting the wishes of a deceased under the Will;
  • Ensuring that the estate locates and realises all of the deceased’s assets, in every jurisdiction;
  • Attending to the careful distribution of those assets to all beneficiaries pursuant to the Will;
  • Considering claims against the estate;
  • Considering various legal and accounting issues with a view to maximising the return to the beneficiaries;
  • Attending to the sale and/or assignment of assets; and
  • Managing assets under a testamentary trust.

This can sometimes be a lengthy and complex process, particularly if the estate is large and contains a broad range of assets. It is important that you obtain proper advice and support from competent lawyers to ensure that you not only maximise the return to the beneficiaries, but comply fully with your duties as Executor and trustee of the estate.

If you require advice in respect of the management of an estate, contact us to discuss your personal circumstances.

CLAIMING AGAINST A DECEASED ESTATE

Have you been left out of a family member’s Will? Perhaps you believe that you haven’t received your fair share of the estate of a recently deceased?

It is commonplace for there to be disputes regarding the contents of someone’s Will. It may be that:-

  • The deceased did not completely understand what they were doing when they drafted their Will.
  • Despite the wishes of the deceased, they had a moral duty to leave you with a share of their estate.
  • The deceased was unduly influenced by a third party.
  • The beneficiaries cannot agree on what is to happen to the estate property.
  • There have been unauthorised or unfair transfers of assets during the life of the deceased.
  • The executor appointed under a Will has apparently influenced the testator in making the appointment or apportioning the bequests.
  • A home-made Will is deficient in some way, i.e. there is ambiguity in the terms of the Will, doubts as to how it was executed by the deceased, or issues of undue influence, duress or even forgery.

Our litigators have a wealth of experience in dealing with deceased estate disputes. Whatever the circumstances, we will ensure that you get your fair share of the estate.

Can I write my own Will? Hear from Brendan Nyst, Gold Coast Lawyer, on preparing a Will.

What if I die without a Will? Gisele Reid, Gold Coast Lawyer, explains the implications.

Can I challenge a Will? Brendan Nyst explains when to claim against a deceased estate.

CONNECT WITH US

Name

Telephone
Email

Subject

Message

How did you hear about us?
 Advertisement Blog Colleague Facebook Friend Google Linked In Magazine Newspaper Twitter Word of mouth Other