A will is a document which typically disposes of assets upon death.  It is important to understand that a valid and effective will document has the advantage of actually protecting the capital value of the estate.  The careless distribution of an estate can sometimes lead to loss.  In some circumstances, particularly when a beneficiary may be vunerable a testamentary trust may be of great value in protecting that beneficiaries' assets. 

Being prepared for the transfer of assets from one generation to the next is always advisable.  Preparation means assessing the available options and choosing those options which are most likely to benefit loved ones in the future.  This includes having a valid will prepared and having your will reviewed from time to time particularly upon any significant change in circumstances. 

St Marys Legal Practice t/as Thomas Adams Solicitors are able to advise and assist in the preparation of a will document which will best meet your needs.

Obtaining a Grant of Probate is the formal process of seeking the approval of the Supreme Court of New South Wales to distribute the estate assets.  It is essential that this is done properly.  An executor is liable to both creditors of the estate, and beneficiaries of the estate, in the event of neglect.  St Marys Legal Practice are able to assist those in the position of executor who are obliged to undertake the probate of an estate.