The documents in your estate plan are excellent tools, and like the tools in your shed, they need to be kept sharp to maximise their effectiveness. Preventative Maintenance is essential. It’s the same for most important things in life.
Take your car for example. If you are doing what you should, you change your car’s oil every year or 10,000 kms.
You invest in maintenance and preventative care throughout the life of your vehicle, to keep it reliable and running well. You might belong to some form of roadside assistance club such as the RAA, to rescue you in times of trouble.
You will have automatic third-party insurance as part of the annual registration, and chances are that you probably have comprehensive insurance as well, just in case. That’s a multi-layered protection plan, to guard against bad things happening to you & others you care about because of your car.
Estate plans are much like cars. They are both “vehicles” to take you where you want to go, and you need them to perform efficiently and reliably, especially if an emergency crops up. And great plans, like great cars, need regular review by a dedicated service staff to provide diagnostics and service before they are needed urgently.
You should ensure that your estate plan is always up to date and working as it should: it needs to always comply with changes in your personal circumstances, and always comply with changes to the law. You can save yourself and your loved-ones lots of time, money & grief by maintaining your Estate Plan, and by doing this you will likely reduce the expense of the administration of your deceased estate.
Gain peace of mind by keeping your integrated estate plan up to date, and make sure you aren’t leaving unfinished business to your loved ones in their time of grief.
Estate Planning in Adelaide
Estate Planning includes creation and advice upon Wills, Powers of Attorney, Advanced Medical Directives, Testamentary Trusts, Discretionary Trusts, and advice upon legal “titling” and registration of assets.
Why choose Genders & Partners as your estate planning lawyers?
Founded in 1848, Genders & Partners is the oldest law firm in South Australia. We choose to specialise in just a few areas of law closest to most families, so that we can provide the legal services that matter most to you.
Choosing the right estate planning lawyers can make a huge difference in ensuring proper distribution of your assets after death or disability, minimising or avoiding any legal issues that may arise, and protecting your hard-earned assets. It can help save your family time & trouble, emotional upset, and thousands of dollars in legal fees and taxes.
For friendly and expert assistance from specialist Estate Planning lawyers in Adelaide metro area, contact Genders & Partners – the oldest (and one of the most respected) law firm in South Australia. We have been protecting South Australians and their families since 1848.
Genders and Partners can help you to protect yourself, your family and your assets. Let us assist you with Estate Planning in Adelaide metro area and all over South Australia, for your family’s future.
Liability limited by a scheme approved under Professional Standards Legislation.
Contact us today on 08 8212 7233 to arrange a FREE telephone consultation and to request a FREE copy of our special Report: “7 Things You Must Know About Wills and Estate Planning”. We are located at Suite V1, Level 3, 169 Fullarton Road, Dulwich SA 5065.
SPECIAL REPORT “7 Things You Must Know Before You Make Your Will”
In this report you will Learn:
Why home-made Wills can be a LOT more expensive than you might think.
The secret weapons used by the rich & powerful to protect their assets, and transfer their wealth two or three generations ahead.
How Estate and Trustee Companies make BIG money from “free” Wills.
The Most Common Estate Planning Mistakes, how they can cost your family a fortune, and How to Avoid Them.
The Elements of a Sound Estate Plan – why a Will alone is not enough.
How to Make Sure Your Assets Stay in Your Family and are not lost to creditors, lawsuits or ex-spouses.
How to guard against challenges to your Estate after you’re gone.