As family relationships and financial affairs are becoming more complex, it is increasingly important that you obtain advice before you make a Will so that you can:
- minimise negative tax consequences and maximise social security benefits to your beneficiaries
- reduce the likelihood of your estate becoming involved in litigation
- protect vulnerable beneficiaries.
Testamentary trust Wills are one important tool that can be used to protect your family and achieve a lasting financial benefit for your family.
Many people do not realise that without a Will the State determines who your assets Will pass to. Sometimes this can have very unforeseen and unwanted outcomes.
Harding Richards Lawyers can assist and advise you about the most suitable type of Will for you.