Estate Planning – Why is it so Important?

Estate Planning – Why is it so Important?

Aug 28, 2019 | Power of Attorney, Wills

You’ve heard of a will and maybe a power of attorney but what exactly is estate planning and why is it so important? The answer often varies but at Generations Law we see estate planning as the process of growing and protecting your family’s wealth both...
What happens if I die without a will?

What happens if I die without a will?

Aug 19, 2019 | Wills

If you die without a will you are said to have died intestate. This means that, instead of getting to choose who looks after your affairs and inherits your property and possessions, these matters will be determined according to formulas in the Succession Act 1981...
Testamentary Trust: Why you should consider one

Testamentary Trust: Why you should consider one

Jun 17, 2019 | Wills

A testamentary trust offers a number of benefits including protecting assets from creditors, protecting vulnerable beneficiaries and potential income tax savings. A testamentary trust is like a family trust but is created by the deceased’s will rather than a...