The accumulation of wealth over a lifetime does not come easy and on your death it makes sense to ensure your loved ones are provided for according to your wishes. Without a will the distribution of your assets sees them divided according to the law of intestacy. This means you have little control over where your property goes and how it is to be divided.
At Gamble Law we specialise in ensuring that not only your wishes are met regarding where your assets are to be distributed, but they are distributed in a manner that maximises their potential. Given the complexities of modern day living including blended families and superannuation, it is vital that people pay attention to the impact of death and or illness on their financial situation. We also advise clients to consider the effect of death on their digital assets and how these intangible items are to be dealt with.
In particular, wills containing testamentary trusts can offer a degree of protection for the assets accumulated by people in their lifetime and income can be distributed in a tax efficient manner to their beneficiaries. See Brochure