Wills & Estate Planning

Comprehensive Estate Planning

Estate planning is a comprehensive process that involves making arrangements for managing and distributing your assets and affairs both during your lifetime and after your death. It encompasses several key elements, including wills, trusts, beneficiary designations, healthcare directives, etc.

In today’s world of ageing populations, blended families, and higher rates of personal relationships ending in separation, it’s paramount that you have a comprehensive estate plan in place. This way, you’ll be able to ensure that your legacy is protected and transferred to your loved ones and that your wishes are fulfilled when you pass.

As your local wills and estate lawyers in Sydney, we take a personalised approach to planning your estate. Our expertise lies in understanding the nuances of your financial and family dynamics, which allows us to implement strategies that align with your wishes and specific goals. With our proactive and client-centred approach, you can have peace of mind knowing that your estate is in capable hands.

Importance of Estate Planning

Failing to adequately consider the transfer of wealth to your loved ones by not having an estate plan tailored to your specific needs increases the chances that your estate will be disputed. This can result in unnecessary emotional trauma, significant legal costs, and sometimes, a lengthy battle through the court system. It’s essential to prioritise estate planning to protect your assets, minimise the chance of family conflicts, and ensure a smooth transition of wealth to future generations.

Fortunately, at Mistri Fallahi, we pride ourselves on assisting our clients with planning their estates and wills, ensuring that they are able to transfer and preserve their family legacy.

Wills and Estate Planning

• Wills and Testamentary Trusts
• Protective Guardian Wills
• Testamentary Trust with Legacy Provisions
• General and limited Powers of Attorney
• Enduring Powers of Attorney for financial matters
• Corporate Powers of Attorney for companies
• Appointments of Enduring Guardians for lifestyle and medical matters
• Advance Care Directives
• Assistance with guardianship or administration appointments

Trusts

• Sophisticated Testamentary Trusts
• Protective Trusts
• Guardian Trusts
• Legacy Trusts
• Discretionary Family Trusts
• Special Disability Trusts

Probate and Letters of Administration

• Probate applications
• Letters of Administration applications
• Rectification of Wills
• Informal Will

Estate Administration

• Assisting the Executor of the Estate
• Selling and transferring assets to beneficiaries
• Distributing Estate to beneficiaries
• Superannuation claims

Estate Disputes and Litigation

• Will disputes for unfair Wills – making a family provision claim
• Contesting and challenging the validity of wills for:
  • Lack of capacity to make a will
  • Lack of knowledge and approval
  • Undue influence
  • Fraud
• Construction of a Will
• Application for a Statutory Will

Alternative Dispute resolution

• Mediation: Representing parties at private and court-annexed mediations
• Collaborative Practice: Representing a party throughout the Collaborative Practice Wills and Estates process

Elder Abuse Protection

Our team also specialises in protecting against elder abuse and assisting testators regarding mental capacity, including creating general or enduring power of attorneys, enduring guardianships, and Advance Care Directives. Implementing estate planning solutions allows older individuals to maintain their independence by maintaining control of their lives and ensuring that their wishes are carried out now and into the future.

Will Dispute Resolution

If a loved one’s Will is contested, or you find yourself needing to contest a Will, our team is equipped to assist you. We’ll guide you through the contesting process, including helping you understand your legal rights and options, preparing your family provision claim, and providing representation in court (if needed). We can also assist with claims regarding the validity or construction of a Will wherein, for example, an individual was unduly influenced or mentally incapacitated when creating their Will.

As experts in the preparation and disputes of estates and wills, our Sydney team is here to provide comprehensive support when you need it most.

Your Trusted Estate Planning Lawyers in Sydney

At Mistry Fallahi, we offer more than just wills. Instead, we provide comprehensive estate planning solutions. Our team specialises in comprehensive estate planning and has extensive experience with many high-profile and complex families, businesses, and individuals.

Our estate planning solutions allow for the transfer of wealth with knowledge and solutions to protect the wishes of our clients and their beneficiaries. Whether our clients are businesses or individuals, we ensure their legacies are maintained, protected, and transferred to the next generation.

You can count on us when you need assistance establishing and planning your wills and/or estates. Our lawyers provide personalised and expert guidance tailored to your specific circumstances and priorities. Whether you’re navigating the complexities of will creation, trust formation, asset protection, or inheritance planning, we’re here to support you every step of the way.