Wills and Succession Planning enables you to have control over your future.
A Succession Plan is a suite of documents that define what you would like to happen if you pass away or lose mental capacity. It may include a Will, a Power of Attorney, and an Enduring Guardianship.
A Will outlines what you would like to happen with your estate on your death and appoints an Executor to carry out your wishes.
A Power of Attorney appoints a person(s) who you want to take control of your legal and financial related affairs if you are no longer able to do that for yourself.
An Enduring Guardianship appoints a person(s) who you want to be able to make medical and health related decisions for you if you are no longer able to make those decisions for yourself.
At Frank Law, we recognise the importance of your future. We empower you to choose who is to make decisions for you if you lose mental capacity and what will happen to your Estate when you pass away. We can work with you as your family and assets grow and change to make sure that you are always in control and that order is maintained.
Frank Law offers a range of Will services to best suit you, including a Traditional Will, a Testamentary Trust Will or a Special Disability Trust Will.
An Enduring Power of Attorney allows you to nominate a person or persons to represent or to act on your behalf relation to financial or property affairs in the event that you are unable to do so yourself. The NSW Civil and Administrative Tribunal can appoint someone to make these decisions, but it may not be who you would like.
An Enduring Guardian is someone you appoint to make health or lifestyle decisions for you if you lose the capacity to do so for yourself. This can happen through any number of circumstances such as accidents, illness or degenerative conditions. The Guardianship Tribunal can appoint someone to make these decisions, but it may not be who you would like.
Each superannuation fund has its own rules and it is necessary to ascertain what those rules are in order to understand what the options are for you.
Family Trusts open the door to estate planning questions, such as: who will replace the director, shareholder or appointer of the trust if they were to pass?
Please fill out the form below if you would like us to get in touch with you or please call (02) 9688 6023.
Andrew Frank established the firm as Druitt Frank in 1985. In his 46 year law career, Andrew led the firm as Chief Executive Partner for 31 years. His presence in Frank Law is invaluable, as he continues as a Consulting Partner.
Kaitlyn Elvery is passionate about her future in law as she thrives when working to solve people’s problems. Kaitlyn is a keen athlete and regularly runs half marathons. She completed the climb to Everest Base Camp and is already planning her way to the summit of Mt Kilimanjaro.