Sam Macedone and Dorian Kratsas can assist you to prepare a:

• Will
• Power of Attorney; and
• Enduring Guardian.

A Will is a document wherein the person making the Will appoints one or more people to carry out their wishes regarding the division of their assets after they die.

A Will is an important legal document that comes into effect after the maker of the Will dies. Until the maker of the Will dies, the Will is of no legal effect.

It is important that you make a Will if you are concerned about who will benefit from your estate once you die.

If a person does not have a Will and dies leaving assets in the State of New South Wales, the Succession Act sets out the categories and hierarchy of persons who will benefit from the estate. The persons who inherit on intestacy may not be those persons whom a person would like to benefit from their estate. There may also be additional costs and burdens placed on a deceased person’s family when there is no Will.

A Power of Attorney document is a substitute decision making document in which a person (principal) appoints someone to act on their behalf (attorney) to make legal and initial decisions. A Power of Attorney may be general (limited) or enduring (continues to be effective after the principal loses capacity).

An Enduring Guardian document is a substitute decision making document in which a person (principal) appoints someone to act on their behalf (guardian) to make medical and lifestyle decisions.

To discuss your circumstances, please contact Sam Macedone or Dorian Kratsas by telephone on 02 9525 3700.