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Estate Planning
Estate Planning
What is a Will ? Your Will can cover all your assets such as
In your Will you appoint an executor to distribute your assets. Beneficiaries are the people you choose to receive your assets. Any person 18 years of age or older and of sound mind can make a Will. What is a Power of Attorney ? A power of attorney is a legal document authorising another person, such as a trusted friend or relative, to act on your behalf in your affairs. This person is known as your "attorney". It is a convenient method of allowing someone to handle your affairs if you: go overseas; take an extended holiday; suffer poor health; or reach an age when you need greater assistance. The Need for a Power of Attorney Having a power of attorney is just as important as having a will. While a will operates on your death, a power of attorney operates during your life. The Powers of Attorney Act (Qld) 1998 increases the scope of matters that can be covered by an enduring power of attorney and allows you to give directions about your future health care. Knowing you have an attorney capable of dealing with your affairs when you are absent or infirm gives you peace of mind. We also specialise in :
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