Planning for the future is essential to ensure your assets are distributed according to your wishes and your loved ones are protected. At Digital Age Lawyers, we specialise in Wills and Estates and can help you navigate the legal requirements of estate planning in NSW.

Why Estate Planning is Important

Estate planning is more than just writing a Will; it ensures your financial and personal affairs are managed efficiently after your passing. Without a legally valid estate plan, your assets may not be distributed as you intended, leading to complications for your family.

Drafting a Legally Binding Will

Will is the cornerstone of any estate plan. It outlines:

• How your assets will be distributed.

• Who will be the executor responsible for managing your estate.

• Guardianship arrangements for minor children.

• Specific gifts or charitable bequests.

For a Will to be legally valid in NSW, it must be in writing, signed, and witnessed by two people who are not beneficiaries.

Appointing an Enduring Power of Attorney

A Power of Attorney allows someone to manage your financial and legal affairs if you become unable to do so. There are two types:

• General Power of Attorney – For specific transactions or a set period.
• Enduring Power of Attorney – Continues to be valid if you lose capacity.

Setting Up an Enduring Guardian

An Enduring Guardian is appointed to make lifestyle and medical decisions on your behalf if you lose the ability to do so.

This can include decisions about healthcare, accommodation, and personal welfare.

Creating a Binding Death Benefit Nomination

Superannuation is not automatically covered by your Will.

A Binding Death Benefit Nomination ensures your superannuation benefits are distributed according to your wishes rather than the trustee’s discretion.

Minimising Estate Disputes

To prevent family disputes and legal challenges, consider:

• Updating your Will regularly.
• Clearly stating your reasons for asset distribution.
• Discussing your estate plan with family members in advance.

How Digital Age Lawyers Can Assist

At Digital Age Lawyers, we provide expert guidance in:

• Drafting and updating Wills.
• Setting up Powers of Attorney and Guardianship documents.
• Estate administration and probate applications.
• Dispute resolution in contested estates.

Secure Your Legacy with Confidence

Estate planning is a crucial step in protecting your assets and ensuring your final wishes are honoured. Our experienced Wills and Estates lawyers in Sydney are here to guide you through the process with expert legal advice.

Contact Digital Age Lawyers today to get your estate plan in order.

(02) 8858 3211 | info@digitalagelawyers.com