Dooley Blog

Latest Legal Articles from Dooleys Lawyers and Solicitors. Dooley's Lawyers, Solicitors and Law Firm Blog

On the Seventh Day of Christmas – I really do need to take time to get my Estate Planning in order

Tuesday, December 10, 2013

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The Will continued...A Will is an important document but why?

Thursday, July 26, 2012
It can prevent disputes regarding who is to take control and distribute the estate. Read More-->

The Will – Continued ….

Thursday, July 19, 2012

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The Will - what is it?

Thursday, July 12, 2012

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Estate Planning - Introduction to Series - Part 1

Thursday, May 31, 2012

Estate planning is not just for the elderly. It is something we all need to do. In this blog series we will explain the importance of effective and well considered estate planning and the many options available to you beyond the common ‘simple Will’.

We will focus on the main elements that you should consider when thinking about the different options available when planning your estate’s needs. Why you ask? We will explain shortly but to start with:


Question:  Read More-->

Nobody plans to have Dementia

Monday, April 23, 2012

Estate Planning has become somewhat of a taboo topic in today’s society. No one wants to talk about what happens when you are no longer able to make decisions or unfortunately, it is discussed when it's too late to be able to make a choice. A recent article published in the Sydney Morning Herald on 29 March 2012 reported that dementia rates are set to soar and as such that it is imperative that more Australians plan as to what is to happen when they can no longer manage their health care, end-of-life care, or financial affairs.  Read More-->

On the Fifth Day of Christmas my partner said to me - still no wills and oops - it's nearly January!

Thursday, December 15, 2011

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Estate Planning - Questions & Answers

Friday, July 22, 2011
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Question

Why is it important for me to have a Will?

 

 

 

Answer

 

A Will is legal document designed to ensure that your wishes are met after you die. Such wishes include the distribution of assets, the guardianship of any minor children and details as to why you may have specifically left somebody out of your Will. You arrange to have a fresh Will drafted when any of your family circumstances change, such as marriage or divorce, or the birth of any children.

 

 

Question

 

How do I amend my Will after I have signed it?

 

 

Answer

 

To amend a Will you can either instruct your Solicitor to prepare a “codicil” (document which relates to your Will ), which will be attached to your existing Will listing the changes made to the Will, or you can instruct your Solicitor to prepare a new Will. Depending on the amount of amendments required to be made to your Will, it is often best to draft a new Will to ensure clarification of your wishes.

 

 

Question

 

What is Power of Attorney?

 

 

Answer

 

A Power of Attorney is a formal appointment regarding a person’s financial affairs whereby one person (called the Principal) gives to another person (called the Attorney) the right and authority to act on their behalf. The power given can be a power granted without limitation or a specific power and can be drafted to fulfil the Principal’s objectives.

 

 

Question

 

What is an Enduring Guardian?

 

 

Answer

 

An Enduring Guardian is a document that appoints a guardian who can make medical decisions on your behalf when you are unable to make those decisions for yourself due to your state of mind or physical inability.  For instance, being in a coma. 

 

Question

 

What is an Advanced Health Care Directive (“Living Will”)?

 

 

Answer

 

An Advanced Health Care Directive (“Living Will”) contains information about the medical treatment you wish to receive if you are incapacitated.  A Living Will significantly reduces the burden on family and friends, particularly in relation to making decisions about the medical care of your physical and mental health.  A guardian appointed under a Living Will can make decisions on your behalf which would otherwise be made by medical specialists or the court system, often at the expense and at considerable stress to your family and friends.

   
Please feel free to make an enquiry should you have any queries in relation to your estate planning needs.

For all of our Question & Answer series, click here.