NOBODY LIKES TO THINK ABOUT IT TOO MUCH, BUT INEVITABLY ONE DAY YOU WILL HAVE TO LEAVE YOUR BUSINESS OR PROPERTY, WHETHER BY SELLING UP, RETIRING OR LEAVING FOR HEALTH REASONS. 

It is very important to have a succession plan in place that makes the transition easy not only for yourself but also for your family or employees and minimises the chances of the business or farm having to be sold up when you leave

ASAP Lawyers Estate Planning services include:

  • The assessment of assets

  • The assessment of likely taxation

  • Advice regarding the possibility of claims against the estate by third parties

  • The protection of assets

Estate planning is an active process of re-evaluating the estate when circumstances in life change, such as:

  • Newly married couples or those divorcing

  • A change to the family’s asset pool

  • A change in working conditions such as the buying or selling of a business

  • Changes to superannuation, insurance policies or taxation levels

  • The establishment of discretionary trusts

A successful plan is made involving all family members as it will take into account not only provisions for your retirement income but also the plans, aptitudes and existing assets of younger generations.

 

Contact us to find out more or to arrange a consultation with an experienced estate planning lawyer in Heidelberg.

ASAP Lawyers Power Of Attorney services include:

  • General Power of Attorney which appoints someone to make financial and legal decisions on your behalf for a specific period of time, for example, if you are overseas and need someone to manage your financial affairs while you are away.

  • Enduring Power of Attorney (Financial), which is used to appoint someone to make legal and financial decisions for you in the event that you lose the capacity to make those decisions yourself.

  • Enduring Power of Attorney (Medical Treatment), which is used to appoint someone to make medical treatment decisions on your behalf if you cannot make them yourself.

  • Enduring Power of Guardianship, which is used to appoint someone to make personal and lifestyle decisions on your behalf such as your living arrangements if you have lost the ability to make decisions for yourself.

Click here for Estate Planning, Power of Attorney and Estate Administration FAQs. 

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