Going Through Will Contest Issues? Here Are The Top 3 Tips For Choosing The Right Estate Lawyers In Melbourne
Finding and choosing the right lawyer can be a complicated task. You might have a friend or a family member who is well-versed and experienced with the law who can help you. But unfortunately, if they have not done their specialisation in the area of law you are looking for, then asking them for a piece of advice is probably a wrong choice. Therefore, one of the initial steps you should take to find the right lawyer is to determine what type of issue you are going through. When it comes to will contests, one of the crucial steps you should take is to find wills and estate lawyers in Melbourne. Estate planning is a critical part of financial planning. Such jobs include wills and estate planning, power of attorney, advance care directives, trusts, guardianship, elder law, probate, administration of deceased estates, contested wills, challenges to estates, capacity issues, and SACAT (Guardianship Board) hearings.
A will and estate lawyer can help you to:
- Choose recipients and determine how your assets will be distributed after your death.
- Create an ironclad will that is hard to contest after your death.
- Establish and manage trusts, including charitable trusts.
- Minimise your estate tax bill
- Write a sustainable power of attorney for healthcare decisions or managing your assets if you can't take care of yourself.
- Write a living will that outlines the end of life decisions.
- Nominate guardians for your children
The task of choosing the right will and estate lawyer for your case should not be made based on advertisements. There are certain aspects to keep in mind while choosing the right one. Here are five tips for choosing the right will and estate lawyer for you.
1) Look For a Specialist
Not every lawyer is the same. Some might have specialised in family law, while a few in criminal law. Similarly, not all lawyers specialise in estate planning. You will want to find one whose primary focus is estate and trust law in your state. Take a referral from another lawyer, CPA, or financial advisor whom you know professionally or personally. They can help you to find a qualified estate and will be a planning lawyer in your area. Most financial advisors believe that estate planning is an essential part of a client's overall financial goals, so they have one or more estate lawyers who are recommendable.
2) Ask Questions Related To Your Case
Estate planning will be a personal process since you will be sharing your personal information related to money and your plans for the time of your death.
Here are seven questions you should ask an estate lawyer:
- How long have you been practicing?
- Where were you educated in law?
- How will we contact each other?
- Will I be able to reach you directly, or will someone else be my point of contact?
- Will you send me updates on my plan in the future, or is this a one-time service?
- How will you charge me (hourly vs. fixed rate), and what is your service’s price?
- Are there any charges not included in that rate?
3) Legal Fees
Before hiring a will and estate lawyer, it is crucial to know what their charges are. This will give you a preview of whether you will be able to afford the lawyer's service or not. The charges will be either based on fixed-fee options or an hourly-rate plan. Get their fee structure in writing for future reference.
Looking out for one of the best family law firms in Melbourne?
Complying with Melbourne’s property law, Velos&Velos Lawyers can guide you through the process of will and estate distribution with compassion while ensuring the process is as fair and low stress as possible for you and your loved ones. If you require quality will and estate advice, contact them right away.
To know more, visit https://www.veloslawyers.com.au/ or contact them on (03) 8379 1000.