At NB Property Law, we understand the importance of preserving your assets to ensure they go to who you choose. Trust in our experience to provide expert advice and tailored solutions for all your wills and estates needs, ensuring peace of mind for you and your loved ones.
We're more than just a team of legal experts - we're dedicated problem-solvers committed to creating personalised solutions to guide you forward. From drafting estate planning documents to applying for probate, we are here to provide the clarity and guidance you need.
We ensure that you're not just provided with solutions, but also have a clear understanding of your options, tailored to your unique situation.
We don't just react - we anticipate. Our proactive approach ensures that you're well-equipped to understand the risks and prevent potential issues before they arise.
Whether preparing a Will or Power of Attorney, we understand that you have worked hard to acquire the assets your hold so you want to ensure they are protected. We are here to provide you with fast and accurate advice when you need it.
In Australia, the process of managing wills and estates involves several key steps to ensure the proper distribution of assets according to the deceased person's wishes.
Drafting a Will: Create a legal document outlining asset distribution after death, appointing an executor.
Executor's Role: The executor locates the will, applies for probate if necessary, and ensures the deceased's wishes are carried out.
Probate Process: Obtain court approval (probate) if needed, validating the will's authenticity.
Identifying and Valuing Assets: The executor identifies and values assets, including bank accounts, real estate, and investments.
Payment of Debts and Taxes: Settle outstanding debts, funeral expenses, and taxes before distributing assets.
Distribution of Assets: Distribute remaining assets to beneficiaries as per the will or intestacy laws.
Challenging a Will: Address legal disputes that may arise if family members contest the will.
Legal Assistance: Seek legal advice for drafting a clear will, navigating probate, and resolving disputes.
