Creating a well-planned strategy which deals with your assets in the event of your death might sound like a grim idea, but it’s imperative to ensure your wishes are fulfilled. Starting the process requires expertise to ensure that disputes between family members do not arise after your passing. At Lancaster Law & Mediation, we focus on wills and estate planning services which are customised to suit your unique and varied needs. Read on to find out how an estate planning lawyer can benefit your inheritance plans.
Benefits of Wills and Estates Lawyers Sydney
Experience and Expertise Count
A professional lawyer has the experience, training and resources to ensure that there are no potential ambiguities and errors in your estate plan, while also making sure that all the appropriate documentation is in place.
Advice on Fair Distribution of Assets
An estate planning lawyer is an impartial third party who has the ability to advise you on how best to distribute your assets. Every family has its unique dynamics and remaining objective while creating a will can be challenging for most. Your lawyer can advise you on the best way to plan inheritance while considering every significant family member and their relationship to you.
Choose A Trustee or Executor
Appointing a loved one to handle your affairs as trustee or executor is a challenging thing to do. It is only natural for a close family member to remain objective especially after a loved one’s death when grief can be a huge burden and decisions are driven by strong emotions. A wills and estates lawyer will draw upon his or her experience to help you choose the right executor for your estate so that your affairs are well represented upon your passing.
Fine Tuning The Inheritance Plan
Your lawyer will seek to review your estate plan on a regular basis to ensure that your inheritance plan is up to date and relevant. Interpersonal relationships evolve and change over time, while a person’s own priorities and goals can change overnight. An updated estate plan reduces the risk of internal family disputes and keeps the plan in line with your wishes.
Experienced Estate Planning Lawyers Sydney
Estate planning is a complicated, emotional process which may feel daunting at first, but is the key to achieving peace of mind before you pass away. Begin the process today of protecting your assets with the team at Lancaster Law & Mediation. Contact us online or call us on 02 4227 1177.