Estate Planning
Estate Planning will give you and your family peace of mind that your assets and property will be protected in the event of incapacity, disability or death.
At Thomas Booler & Co, we understand every estate plan is different and will provide a tailored solution to suit your individual needs.
Our Estate Planning specialists at Thomas Booler & Co are ready to provide timely advice and help draft a legally binding will for your peace of mind.
We provide a range of Estate Planning services including:
- Drafting and preparing a legally binding will and testamentary trust;
- Probate service;
- Letters of administration;
- Administration of estates;
- Estate planning taxation;
- Providing for children with a disability;
- Incapacity planning;
- Family agreements;
- Blended family arrangements; and
- Litigation including contesting wills and Family Provision Act claims.
Why do I need estate planning?
There are laws in every state giving us an obligation to make adequate financial provisions to our dependants in the event of incapacity or death. A well-drafted will is essential to allow an executor to handle your estate and clarify the inheritance of each beneficiary.
If you don't have a properly drafted will, the distribution of your estate will be made according to the law in your state, which may not be in accordance to your wishes. Choosing not to have a will also runs the risk of legal disputes over your estate, which may be costly to your family.
What are the benefits of estate planning?
Estate Planning is essential if you want to ensure your wealth is managed and transferred according to your wishes in the most financially efficient and tax efficient way.
Speaking to an Estate Planning expert at Thomas Booler & Co will help provide:
- confidence to meet lifestyle expectations over your life span;
- a seamless cost-effective transition of assets and wealth to your beneficiaries on death;
- a plan to protect loved ones with special needs and the future generations of your family;
- protection of your children's inheritance from creditors or marital breakdown;
- a legally binding document clarifying the rights and obligations of you and your beneficiaries; and
- a plan to clarify the administration of your assets to prevent potential disputes between beneficiaries.
For more information please contact us on 1300 663 044 or info@tbclawyers.com.au
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