Succession Planning

Organised people plan in advance for death, incapacity and bankruptcy. Good planning with help from a lawyer with the right knowledge and experience sidesteps loss, frustration and unnecessary costs (including duties and taxes).

A good plan might be a short, simple will and an enduring power of attorney. Often a binding arrangement or nomination for superannuation is needed too. Sometimes complex scenarios need a set of stand-alone legal documents and complementary arrangements (for example: will schedules establishing protective trusts, confidential letters of wishes, family trust tweaks, property transfers – whatever is needed to implement your plan).

Our approach to delivering this most important legal service is –

  1. You commit to an initial one-hour consultation (by making an appointment).
  2. Prior to the meeting, we will ask you some questions designed to help you prepare for the meeting.
  3. At the meeting, we ask the right questions so you do most of the talking and we the listening.
  4. After the meeting, we send you our formal recommendations and advice on your succession plan (often including all proposed documentation).
  5. You read and respond (usually by e-mail and telephone) with your queries or additional information.
  6. We send you any tweaks, corrections or explanations of the documentation required to achieve approval of the plan.
  7. We follow-up to see to it that you do actually sign the documentation correctly with due witnessing (and supply or act as qualified witnesses if required).
  8. We set-up an automated review mechanism and make direct links with key persons (e.g. your attorney/executor and accountant/financial planner).
  9. We appropriately store and manage any or all of your original succession plan and title documents in our large fire-proof bank safe.

Obtain a legal cost estimate for our help with your updated succession plan using the button below.