Your friendly, expert Wills and Succession Planning Lawyers servicing Geelong, Torquay and Melbourne

No matter your age, if you have assets, it’s important to have a legally binding will. This will ensure your assets are inherited by the people you choose and that the handling of your estate follows your wishes.

At Coulter Roache, we can help you with a range of Wills & Succession Planning services to ensure the future of your estate is in safe hands.

> Our process is simple.

> Our costs are transparent.

> Our level of service is impeccable.

> The outcome for you is peace of mind.

Contact one of our Wills
& Succession planning experts

We remain open during the COVID-19 Pandemic

We can assist with fast, efficient and expert preparation of your Will, and appointment of key decision-makers regarding your health and wellbeing. Due to current restrictions, we are experiencing some short delays to in-person appointments. To assist with scheduling, please indicate if your instructions are urgent.

Please begin with our online induction tool, which will help you to consider key decisions, and provide us with the information we need to assist you via phone, video chat, and other remote technologies.

What is the process?

1

Use our secure online induction in your own time to provide our lawyers with the information they need to assess your needs.

2

Our lawyers provide you with recommendations and our costs. You then decide whether you wish to proceed.

3

Our lawyers prepare your Wills and any other necessary documentation, then provide these to you for your review.

4

You sign your documentation by attending our office, an online meeting or, alternatively, we post your documents to you with instructions to sign.

What are my options?

Simple Will

What’s included?
You guessed it – if you only require a Will, that is exactly what you will get.

* our lawyers may provide recommendations for more complex inclusions in your Will, or other estate planning documents you might require in order to meet your specific needs. These are in addition to the standard Will or Bundle prices, and are listed in the ‘What else might I need’ section.

$385
For singles
$660
For couples

Estate Planning Bundle

What’s included?
Your will
Your Financial and Personal Power of Attorney Tooltip
Your Appointment of Medical Treatment Decision Makers Tooltip
Your Binding Death Benefit Nomination Tooltip
$660
For singles
$1,100
For couples

What else might I need?

*Prices are in addition to Simple Will and Bundle prices
Testamentary Trusts Tooltip
$880
per person
Superannuation Proceeds Trust Tooltip
$880
per person
Special Disability Trust Tooltip
$1,100
Blended Family (with no Mutual Will Agreement) Tooltip
$330
per person
Right to reside/life interest Tooltip
$220
per right to reside/life interest
Family Trust/Corporate Interests succession planning Tooltip
$880
per Trust/Corporate Interest (TBC)
Self-Managed Superannuation Funds Tooltip
$440
per Binding Death Benefit Nomination
Deeds of Amendment/Removal and Appointment/etc for Trusts Tooltip
$220
per deed
Excluding (or providing less for) a beneficiary Tooltip
$220
per excluded beneficiary
Report for confirmation of Testamentary Capacity Tooltip
$220
International Will Tooltip
$220
per will
Interpreter required Tooltip
$220
plus costs of interpreter
Urgent preparation of documents Tooltip
$220
per person
View all additional options
*All pricing is inclusive of GST

What should I turn my mind to when thinking about my Will?

1

Who will be your Executor/s?

The Executor of your Will is responsible for administering your estate and following your Will. You can appoint up to four Executors at any one time, and can also include substitutes, in case an Executor is incapable of acting. It helps to appoint people you trust who have a good understanding of your affairs and your values.

2

Who will receive your Estate?

Your “estate” is basically your assets, less any liabilities you leave. While you are legally obliged to provide for particular persons in your life (i.e. your spouse and children), you can distribute your estate as you see fit. If we foresee any risks with your wishes, we will let you know. It is also worthwhile giving consideration to where your “bits and pieces” will go and whether you want any charities or causes to receive anything from your estate.

3

How will your beneficiaries receive their share?

Once you have decided who you wish to benefit, you should also think about how you want your estate to pass. For example, if beneficiaries are quite young, who looks after their share during that time? Do you want to ensure your children’s share is protected if they become exposed to asset risk? If leaving a share to a charity, do you want to direct how the charity uses the funds? We can walk your through your options if you want to include a little more structure around how your beneficiaries receive their share.

4

Who will look after your young children?

You can provide direction about the guardianship of your young children in your Will, including who you would prefer looks after them and your wishes more generally (i.e. what school they attend). If you have a number of wishes in this regard, you might like to collate them in a document that sits alongside your Will, which you can update more regularly.

5

What will happen to your body?

Your Will can also help your loved ones when it comes time to make decisions about your funeral and how your body is dealt with after your death, including whether your organs are to be donated and your preferences to be buried or cremated. It always helps to discuss these matters with your loved ones, so they have a good understanding of your wishes, but the inclusion in your Will can provide further comfort.

6

What about your superannuation and life insurance?

Your superannuation and life insurance sits outside your Will, but it needs to be considered as it is often another significant asset. It helps to consider why you hold these assets (i.e. are they there to pay off large liabilities?) and make sure they pass in a way that aligns with your intentions. We can also provide you with some recommendations to minimise the tax that might otherwise be payable on these types of assets.

7

What would happen if you were incapacitated (given your Will only takes effect upon your death)?

Your Will won’t take effect until you pass away, so it is also worthwhile having a think about how you would like your affairs dealt with if you became incapacitated. For example, who do you want making decisions about where you live, who would you want handling your finances, who would step in and look after your children’s interests?

* this list is not exhaustive, as it could go on forever! The best way to ensure you are 100% comfortable with what happens if you pass away or become incapacitated is to run through it all with one of our lawyers.

Liability Limited by a scheme approved under Professional Standards Legislation