Will Solicitors Central Coast
Do you need to update your will? Spencer Lawyers understands challenges and combines their experience with expert legal knowledge to help assist you to create a draft will on the Central Coast.
What sort of services do Our will solicitors offer?
We offer a complete suite of services to address every aspect of your needs. We will help you draw up a will that accurately reflects your wishes and covers all elements of your estate.
Understanding Common Wills Jargon
We know there’s a lot of legal jargon around wills, and at Spencer Lawyers, we’ll do our best to make the process as clear and simple as possible. To get started, here’s a round up of some of the terms you’ll come across when you come to see us.
- Estate – everything you own upon your death
- Executor – the person who makes sure everything is distributed as you wish, according to your will
- Beneficiary – people who are given a share of your estate
- Residue – what is left after debts and costs are paid
- Intestate – dying without leaving a will
There are many more terms and phrases that you’ll hear when you are creating a will, and at Spencer Lawyers, we’re always happy to answer your questions and assist you to understand the finer details.
Power of attorney and enduring guardianships
There are three different types of power of attorney to consider in New South Wales, including:
Enduring power of attorney: This is when you appoint someone else (usually a legal representative or a family member) to make financial decisions and property-related choices in case you become incapacitated to the point where you are unable to make these kinds of decisions for yourself anymore.
Enduring power of guardianship: Another situation where you appoint a legal representative or family member, although in this case, it is to make medical and lifestyle decisions if you become unable to do so yourself. This can include decisions on health services and accommodation providers like nursing homes.
Advance health directive: You can make decisions on your future healthcare if you become unable to make those decisions for yourself anymore. This can include minor treatments like dental care to large decisions like refusal of medical intervention.
Any Central Coast resident who is aged 18 or over and has the capacity to make health and financial decisions for themselves can appoint a power of attorney. Unfortunately, medical conditions as we age can rob us of the ability to make these decisions later in life. By appointing a power of attorney in advance, you can be sure your health and financial wishes are adhered to.
You are allowed to nominate a single person for the power of attorney or two people that can make these decisions on your behalf individually or collectively. For the power of guardianship, you can also appoint two people, but they will have to make these decisions together.
It is important that you choose somebody (or multiple people) that you can trust. We also advise you to speak to your family about your decision before seeking legal advice from a will lawyer. This will help reduce any undue stress or complications in the future.
Speak to our will lawyers on the Central Coast about your wishes and we can advise you on the best course of action and provide the right legal documents to ensure your wishes are carried out.
When a person dies, their estate, including their home and property, needs to be divided up in accordance with the will or managed according to the wishes of the deceased.
This process is called a probate and the legal team at Spencer Lawyers can help ensure the entire process from the initial will through to the final distribution of the deceased estate is handled smoothly, without any legal complications and to meet the requirements laid out by the deceased person at the time of signing the will.
Part of this process is appointing somebody that you trust to be the executor of your will. They will be charged with the authority to identify and transfer the assets to the beneficiaries of the will in accordance with the probate. This executor can be a person you trust, or it can be a trustee organisation.
Unfortunately, deceased estates can be challenging processes, especially if the individual has died without leaving a legally-binding will.
Our will solicitors at Spencer Lawyers are experienced in all aspects of deceased estates and can help all Central Coast individuals organise their will, executor and probate so that the process can run smoothly during an emotional time for all involved.
If there are any complications or legal challenges because of the absence of a will or other legal issues, our solicitors can help resolve them in a legally fair way. If you need help with any stage of a deceased estate, will or probate, come and see our experienced legal team or give us a call.
A will is essential to ensure your belongings and assets are distributed as you wish. More than that, a will makes this distribution much easier. Grief is a difficult time, and having a clear, easily understood will means your loved ones can carry out your wishes with minimum confusion or conflict during a very difficult time.
A standard will is suitable for circumstances where things are straightforward – for example, if you are giving the whole of your estate to your spouse, if alive, or you have named beneficiaries.
A non-standard will is used in circumstances that are more complex, such as the distribution of assets to blended families, where there are interfamily loans.
We recommend you review your will regularly, especially after any significant life events such as separation, divorce, remarriage or buying a new home. It’s also important to update things should any key beneficiaries die, or if there is a major family dispute.
Here To Help
At Spencer Lawyers, we’re proud to assist and serve our community on the Central Coast. We strive to offer friendly, compassionate services that give you the best legal knowledge when you need it most.
Making a will is one of the most important things you can do for your loved ones, and our team is available to support and guide you every step of the way. You can use our contact form to arrange an appointment or just give us a call on 0414709543 to organise an appointment at our Central Coast office today.