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OUR LEGAL SERVICES

 

ESTATE PLANNING & WILLS

Estate planning is the process of predicting and arranging, during a person’s life, for the management and disposal of that person’s estate with an aim to minimize tax. Preparing a will gives a clear guide of how you want your assets distributed. Preparing your Will and other estate planning documents poorly can have expensive consequences for your family and loved ones.

How we can help

All Wills are not the same. We will ask lots of questions and check information you have given us so that you can be sure your anticipated beneficiaries receive your estate. Simple small nasty mistakes such as not holding your family home in the correct tenancy or leaving your Super to an adult child have huge tax implications on your estate. Contact our team for a copy of our Estate Planning Guide.

ESTATE DISTRIBUTION

Probate is the process of proving and registering in the Supreme Court the last Will of a deceased person. When a person dies, somebody has to deal with their estate. It is usually the executor of their Will who administers the estate and handles the disposal of their assets and debts. If a family member passes without a Will then you can apply to the Supreme Court for Letters of Administration this enables you to administer and distribute the estate similar to an executor and the estate is distributed in accordance with a strict legislative list.

How We Can Help

This is a highly emotional and sensitive time. Fidelis assist you or the executor by preparing all the forms and gathering all the information to obtain a grant of probate which is the first step in the legal process of administering the estate of a deceased person. The next process is resolving all claims and distributing the deceased person’s property under a will or in accordance with the law. We at Fidelis handle this entire process for you and your family. Should there be a dispute our aim is to negotiate and attempt to settle that dispute at the earliest possible point in time as all litigation is expensive, time consuming, stressful and something to be avoided if possible.

Our service Include:

  • Probate applications

  • Distribution of estates

  • Challenges to Wills

FAMILY TRUSTS

A family trust is a trust created to benefit persons who are related to one another by blood, friendship, or law. It can be established by a family member for the benefit of the members of the family group.

Family trusts act as an instrument to pass on the assets to future generations.

They were originally used by wealthy families to minimise tax. They are now becoming very popular due to the many blended families that exist, to protect family assets from passing to non related person or to cater for drug effected or disabled members of the family that cannot manage money, so that the funds are utilised in the best possible manner.

How We Can Help

We can assist you to set up a Family trust within days of receiving your instructions.

8 Top reasons to have a Family Trust

  • Avoiding probate for all property held in the trust

  • Planning for financially disabled family members

  • Limiting children’s access to their inheritance.

  • Making lifetime gifts to children.

  • Protecting beneficiaries from themselves.

  • Limiting partners (or your partners new partner) from spending your children’s inheritance

  • Protection from bankruptcy or insolvency

  • Tax minimalisation

SMSF TRUSTS

A self managed super fund (SMSF) is a superannuation trust structure that provides benefits to its members upon retirement. The main difference between SMSFs and other super funds is that SMSF members are also the trustees of the fund.

How We Can Help

  1. Choose your trustees.

  2. Appoint your trustees.

  3. Set up a corporate structure for your SMSF.

  4. Create the trust and trust deed.

  5. Check your fund is an Australian super fund.

  6. Assist you to register your fund and get an ABN.

  7. Assist you to set up a bank accounts.

  8. Set up Bare Trusts if you are borrowing funds to purchase an asset within your SMSF

Contact

1300 041 472

© 2019 Fidelis Legal Pty Ltd
All rights reserved.

The information contained on this website is not intended to be advice. It is for information purposes only. Where any part of this site is construed to be advice it is General Advice only. It has been Prepared without taking into account any individual’s objectives, financial situation or needs. Before any person acts on any information in this document they should consider the appropriateness of the information, having regard to their objectives, financial situation and needs. Before making any decision about whether to acquire a product individuals should seek professional advice from their licensed adviser.