Wills and Estates Lawyers Melbourne
The Experts in Wills and Estate Planning
Your will is one of the most important documents you’ll prepare in your lifetime, as it directs the distribution of your assets. It’s also a critical document in estate planning. At P&B Law, our expert team will advise and assist you in preparing simple or complex wills and estates so that every document is valid and upholds your wishes.
Our Wills and Estate Planning Services
Marriage and DivorceWhile it mightn’t be at the forefront of your mind when you get married or divorced, it’s nevertheless vital that you update your will and estate to reflect these life changes. These adjustments can significantly impact asset distribution and the status of beneficiaries, possibly leading to unintended consequences, such as disputing heirs and potential legal battles.
With overseas assets, compliance is key, as each country has its own inheritance and tax legislation. If this asset class forms part of your will or estate, it’s critical that you seek expert legal advice to properly navigate these diverse laws. That way, you avoid inadvertent loss and ensure rightful asset distribution to beneficiaries.
Tax-effective Estate Planning
While tax is a certainty for all of us, if you plan your will and estate properly, you ensure optimal asset distribution and minimal tax burdens on heirs. By considering federal and state tax laws and with the right legal advice, you can safeguard beneficiaries' inheritances and preserve your estate’s value.
Business Succession Planning
Passing on or inheriting a business can be a complex process. Your will or estate must address matters of succession, asset distribution, and potential tax implications to ensure stability and continuity. At P&B Law, we’ll help you establish a clear, legally binding plan that respects your wishes and safeguards your company’s future.
Guide To Preparing a WillWhen you prepare a will, you prepare instructions for how you’d like your assets and property distributed This guide includes the essential information you’ll need, such as executor/s and alternative executor/s, guardians, and beneficiaries. Read our Guide To Preparing A Will
Estate Planning Guide
As difficult as it can be to plan your estate, for various reasons, it’s crucial you take the time to structure it so that it honours your wishes and the wishes of everyone involved. At P&B Law, we guide you toward the right estate plan using the process outlined in our estate planning guide.Read our Estate Planning Guide