Making a will is one of the most important legal formalities you should attend to, regardless of your age or stage in life.

 

It is important to bear in mind that wills are open to challenge. A will that is drafted in vague terms, lacking the legislated formal requirements, or a will that omits certain ‘eligible’ persons can give rise to disputes on the will that has been drafted. In turn, this could mean that the wishes and intentions you intended under your will are not met. Colquhoun Murphy can provide you with the necessary advice to ensure that your will sets out your wishes accurately and clearly and protects your estate for those who you want to look after once you are gone.

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A Power of Attorney should also be considered when you make your will. Having a power of attorney can ensure reliability and certainty for you when you are otherwise incapable of looking after your financial and personal decisions, whether because you are travelling, unwell, or are otherwise not in a position to do so.

 

In NSW, if you wish to appoint someone to make personal decisions on your behalf, you will need to appoint a guardian under an Enduring Guardian.

 

If you require assistance with your estate plan, in the form of a will, power of attorney or enduring guardian, please contact us.