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WILLS AND POWERS OF ATTORNEY

At Genesis Law, we provide a tailored Wills and Power of Attorney service. 

“It is never too early to start planning your estate”

 

We provide a safe space for clients who are looking to plan their personal affairs. 

Estate planning is often an uncomfortable subject that people frequently avoid until the latter years of their life.  We understand no one really likes to start thinking about their mortality let alone talking about it with their loved ones.

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Wills do not need to be long or complex and in many cases we are able to prepare simple Wills written in plain language.

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Arguably the biggest disservice you can do to your loved ones is to die without a Will (legally known as dying intestate) which unfortunately occurs to many Australians on a daily basis.

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If you die with a Will or without proper estate planning, you risk:

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  • Your estate being administered by State Trustees who will receive a percentage of the estate and who may not administer your estate in the way that you had intended

  • Significant administration, court and legal costs, and time delays

  • Your loved ones missing out entirely or not receiving adequate provision

  • Your superannuation or proceeds of a life insurance policy being paid to persons that you did not want to receive those funds (such as a former partner)

  • The wrong persons (such as a former partner) receiving an inheritance

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Feel free to get in touch with us to begin discussing how we can assist you with your estate matter.

Genesis Law Wills and Estate Planning

Examples of what we do​

  • Wills

  • Powers of Attorney

  • Medical Power of Attorney

  • Reviewing existing Wills

  • Codicil to Wills

  • Obtaining Grant of Probate or Letter of Administration

  • Deceased estate property transactions

  • Intestate matters 

Frequent misconceptions

  • ​I do not have sufficient assets to justify a Will (it is especially important to have a Will if you own any form of real estate)

  • I am too young for a Will

  • I already have a Will (not realising that the Will may have been inadvertently revoked by a divorce or a subsequent marriage)

  • My superannuation or proceeds of my life insurance policy will automatically be distributed in accordance with my wishes set out in my Will (or if there is no Will, to my spouse or children)

  • Everything will go to my spouse or children anyway so there is no need for a Will

  • Not understanding the legal differences and ramifications between co-ownership of property as Joint Proprietors or Tenants in Common

  • A Will is too expensive

  • A Will is too complex or too long

  • I can prepare a Will at anytime (unfortunately, if you lose mental capacity at a later stage, then you will no longer be able to legally make a Will)

  • Changing a Will is too hard

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Remember, it is never too early to start planning your estate.

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