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caring for the ones you love!
Wills & Estate
Why Ascent Lawyers?
We are committed to helping you at a difficult time in your life.
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Hesitate no more! Protect your future today!
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Frequently Asked Questions
What is a will?
A will is a document detailing how a person’s property is to be distributed on death. A will also appoints someone who will look after the administration of the terms of the will.
What happens if I die without a Will?
In the State of Queensland, if you die without a Will, the law will decide for you. This means:
- You do not get a say in how to distribute your estate
- Your loved ones have to deal with the complications with your estate
- It can lead to significant costs and delays
You can avoid all these above, if you call us today!
What is a smarter Will?
A Smarter Will is a comprehensive Will with the option to create a Testamentary Discretionary Trust. For the people receiving your estates (Beneficiaries), this will give them better protection and more flexibility.
What are the benefits of a Smarter Will?
- Flexibility
- Using income streaming to save taxes
- Asset Protection
- Comprehensive protection by excluding people
- Preserving Centrelink entitlements for your beneficiaries
- Reducing tax for foreign beneficiaries
What is probate?
In a nutshell, Probate is the official recognition from the Supreme Court of Queensland that a Will is legally valid.
The grant of Probate is a legal document that tells other intuitions (e.g. banks, land title office) that you, the executor(s), are authorised to manage the estate of a deceased person in accordance with their Will.
What is an enduring power of attorney (EPOA)?
When principals appoint attorneys to act on their behalf, a power of attorney is made. The power of attorney becomes “enduring”, because even when the principal loses capacity after the date of granting the power, the power of attorney remains in existence, hence being called enduring.
Who needs an Enduring Power of Attorney?
- Any person over the age of 18 (as suggested by the Public Trustee Qld)
- Any person who has a serious or life-long illness
- Any person working in a leadership position (Company directors, Owners or Managers)
- Any person who has others relying on them
- Any person who wants to have peace of mind for their future
What is an Advance Health Directive?
In Queensland, the Advance Health Directive is a document that shows your wishes with medical treatment when you are not able to make decisions. An example of this is includes a desire to be taken off life support in certain situations.
Why do I need an Advance Health Directive?
- It is an essential part of your end-of-life care.
- This is a formal document which shows your desires and wishes for your care that truly reflect your beliefs and values.
- Once a health directive is in place, it cannot be overridden by health professionals or family members, so your wishes are truly respected.
How It Works
It could not be any easier. We are always happy to help you figure out what to do.
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