Drafting Wills and Trusts
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Drafting Wills and Trusts
Find out how Arrow White can help with your Drafting Wills and Trusts requirements
A Will is a legal document that outlines your wishes regarding the distribution of your assets, guardianship for minors (if required) and the appointment of an executor to carry out your instructions after you pass away. A valid Will is a fundamental tool for estate planning to ensure that your possessions are distributed according to your instructions. Working with Arrow White for Drafting Wills and Trusts will give you peace of mind.
When creating a Will, it is crucial to consider the following:
- Assets: property, bank accounts, investments.
- Beneficiaries: who will inherit your assets.
- Appointment of an Executor: you will need to designate someone to carry out your instructions.
- Guardianship for Minors: if you have children, decide on guardianship arrangements.
- Special requests: include any specific bequests, charitable donations, or other unique requests.
Once you have considered your assets, and beneficiaries, it is important to choose the best structure for your Will including considering any tax implications, family trusts, self-managed superannuation funds, corporations and estates.
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Secure Your Legacy
Expertise in Drafting Wills and Trusts.
Crafting Legacies: Artful Will and Trust Drafting
Your Dreams, Our Expertise – Building a Secure Tomorrow
Drafting Wills and Trusts are an essential part of everyone’s life. Trusts may be established when planning your estate. When drafting a trust deed, it is important to ensure that all relevant legal and financial considerations are meticulously addressed, reflecting the intentions and desires of the settlor accurately. The trust deed should clearly define the powers and responsibilities of the trustee, articulate the specific terms and conditions under which the trust operates, outline the distribution of assets, and incorporate provisions for potential contingencies or changes in circumstances. To mitigate potential tax implications on your estate, we can collaborate directly with your accountant to identify the most appropriate structure for your estate.
It is important to seek legal advice prior to preparing a Will or trust to ensure that the documents clearly identify your instructions. If you die without a valid Will your estate may not be distributed in accordance with your wishes. A Will reduces the stress on your remaining family members after you pass and aims to avoid any potential conflict between family members.
Our team at Arrow White has experience in drafting Wills and Trusts for a wide range of clients. Our expertise ranges from drafting Wills for spouses, setting up testamentary trusts or advising on complex gifts and structures. We understand that preparing a Will may be a stressful and challenging process, so we aim to provide extensive advice and assistance during this process.
Please contact our office on 07 3051 0800 or 1300 ARROWW for a free initial consultation today.
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