Wills, Powers of Attorney and Appointment of Enduring Guardians
Important documents need great attention to detail.
Wills, Powers of Attorney and Appointments of Enduring Guardians are probably the most important documents you will prepare in your lifetime. The team at Nikolovski Lawyers understands that these documents are deeply personal and we act with great care and attention to detail to make sure you get the advice you need.
A Will is a written record of your testamentary intentions that becomes effective upon your death. When it comes to changing your Will, you are able to do so at any time providing you have the required mental capacity to provide us with your instructions and to execute a new Will. So, in what circumstances would you need to change your Will? Basically whenever your family situation changes (marriage, divorce, birth/death of a beneficiary) you need to change your will.
We understand that Wills can be a delicate matter and we appreciate the need to maintain family relationships. That is why if a dispute arises we endeavour to settle the dispute before or at a mediation. By doing this we try to reduce the strain on everyone, including costs. For more information on disputes about wills please our Contested Estates section.
Powers of Attorney
All of us want to do the right thing by our loved ones during our lifetime and after we are gone. In the event you can no longer look after yourself or simply do not have the capacity to manage your own financial affairs, it is vital that you have a Power of Attorney in place to ensure that those people you trust the most have the power to look out for our best interests.
A Power of Attorney is a legal document whereby you appoint another person (your “Attorney”) to make financial decisions and take certain actions on your behalf during your lifetime. These can include opening and closing bank accounts, paying your bills and insuring your assets just to name a few.
There are different types of Powers of Attorney and various other issues you will need to consider. The best first step would be to talk to one of our specialist lawyers at a time that suits you.
There may come a time when you can no longer make your own lifestyle decisions. Things such as health care options, treatments, whether to have an operation – all these decisions may need to be made be someone you trust.
An Appointment of Enduring Guardian is a separate legal document whereby you appoint another person to make health and lifestyle decisions on your behalf. By choosing an Enduring Guardian you will most likely avoid conflict where different family members have different points of view or priorities.
To get assistance with your Enduring Guardian legal documents, feel free to give us a call on 4227 6833. We are here to help.