The expert team of estate planning lawyers at Parke Lawyers offers clear and effective advice. Our lawyers advise on all aspects of wills and estate planning, deceased estate and trust planning, estate litigation and powers of attorney. We have been recognised as a top Melbourne law firm for Estates Litigation and Wills and Estates.
At a time of emotional distress and bereavement, having made proper arrangements for your estate is one of the greatest gifts you can give your loved ones. Don’t fall into the all too common trap of thinking you have plenty of time to arrange your affairs. Act now and protect your estate during your lifetime as well as after it.
What is the estate planning process?
There are 3 main parts to the estate planning process.
1. Determine your overall personal assets as well as assets in your broader estate, held in super, trusts, life insurance and other places.
2. Consider potential risks (such as early death, divorce, loss of metal capacity) that could drastically change circumstances.
3. Plan out a framework to manage your estate that accommodates variables such as family/succession, taxation, future changes.
Good estate planning lawyers will assist with a comprehensive plan that takes everything into consideration including: