While any one can write their own Will or Power of Attorney, they are too crucial an issue to leave to chance.  Clearly worded instructions in your Will and Power of Attorney are important, as well as ensuring that these important documents are properly signed.

3 WILLS

Many people put off having a Will, but it is an important document.  By having a Will:

ü      YOU determine who receives your assets and under what circumstances

ü      YOU nominate the guardianship of young children

ü      YOU specify any particular gifts to your family and /or friends

If your current Will no longer reflects your wishes or you wish to make your first Will,
click here and we can supply you with our Will Information and Instruction Sheet, which also contains our charges for preparing these important documents.

! Powers of Attorney – The Companion to your will 

A Power of Attorney is a document that enables YOU to appoint someone to handle your affairs and make decisions on your behalf, especially if you become mentally incapacitated.  There are various types of Powers of Attorney including specific Powers of Attorney, Medical Powers of Attorney and Enduring Powers of Attorney.

An ‘Enduring Power of Attorney’ is especially important.  If you do not have one and you become mentally incapacitated, then someone on your behalf will need to apply to the Courts to be appointed as your guardian.  This can be time consuming and costly.

Don’t leave these important documents to chance.  Have your Power of Attorney prepared by our qualified solicitor.  If you would like us to prepare a Power of Attorney for you click here.

What happens next?

We will prepare your draft Will and Power of Attorney promptly upon receiving your completed Will Instruction Sheet.  Upon completing the drafts, we will advise you and payment will then be due.  Once you have reviewed the documents, to ensure that they accurately reflect your instructions, they will be prepared for signing.

& PROBATE

If you have been unfortunate enough to lose a loved one, you will need to obtain legal advice to determine what must happen to wind up the deceased persons estate and distribute their assets in accordance with their Will.  The legal term to describe this is “obtaining Probate of the Will”.

Probate is obtained by the executor named in the Will.

To obtain Probate on your behalf we will need:

ü     The originally signed Will

ü     The death certificate

Prior to obtaining these documents please call us on 1800 357 789 or Click here so that we can have an initial discussion with you to properly advise you on the steps to take.

If the deceased did not have a Will, Letters of Administration will need to be obtained.  Contact us to obtain more detailed advice.

What will it cost me?

Unlike conveyancing, it is very difficult to provide a standard fixed fee for this work, as some estates are more complex than others. 

However, once we have more detailed instructions from you we can provide you with a reasonably accurate estimate of the fees that you will incur.

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Ultimate LegalWorx is trained in identifying the issues and documenting the outcome that YOU, the client, want to achieve in matters relating to your business.

By not being directly involved in the day to day running of YOUR business we can stand back and give YOU impartial advice as well as attend to the legal aspects of the business.

So, before you conclude any commercial arrangement, contact us.  There may be issues such as the structure of the arrangement and the risks involved that need to be guarded against.  Also, you may have in place an existing arrangement that you would like to review.  We would be happy to talk to you about all your commercial needs, so give us a call on 1800 357 789 or Click here

þ  SALE & PURCHASE OF BUSINESS

A solicitor’s involvement in this area is crucial as various issues need to be considered, including:

  contract special conditions

  existing leases

   regulatory approvals

    employee entitlements

    debtors/creditors

    transfer of stock

So, give us a call and let us look after the ‘behind the scenes’ matters while you concentrate on the running of your business.

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4  COMMERCIAL AGREEMENTS

Don’t rely on a ‘handshake’ agreement

DOCUMENT YOUR AGREEMENTS

Most of your day to day work doesn’t require any form of documentation but in significant areas of your business – A FORMAL AGREEMENT IS VITAL

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&  GENERAL COMMERCIAL ADVICE

This encompasses any general advice relating to your business.  Specifically, if you want some advice on:

Ä   How to structure your business

Ä  A particular project you become involved in

 

Then talk to us and we will help in the best possible way.

Should the advice required not be from a legal perspective, then we can advise which professional you need to speak with.

What are the Costs?

 It is impossible to judge how much work is involved in any commercial or business matter, so giving a fixed price is difficult.

Once we have determined the issues and assessed our involvement, then an estimate of our costs can be determined.

 

' It Worx for us…..it Worx for you’

“I know we would have been up the creek if settlement was on the 22^nd of Jan…..nice call Foxy!  Fingers crossed the docs come this arvo!  We still have time up our sleeve.

Thanks again for all your help, we really appreciate it!”

From Lauren of Mornington

 

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Ringwood    3134