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Administering an estate can be a difficult and stressful time for grieving families. Our expert Estate Administration Lawyers can support and guide you through the practicalities of the estate administration process and any complexities which may arise along the way.
Wallace and Wallace Lawyers can assist you by providing you with advice regarding your duties and responsibilities as executor and supporting you to the extent you require in fulfilling these obligations.
Executors need to be aware of what they can and cannot do and the timeframes within which certain steps are required to be taken. We can guide and assist you so you avoid the risk of becoming personally liable for estate losses, taking incorrect steps or breaching your legal obligations.
We can also advise you on your rights and entitlements as a beneficiary of an estate.
Our Estate Administration Services include:
- Interpreting and advising on the terms of the Will;
- Advising on estate entitlements when a person dies without a Will or where there is an invalid or incomplete Will;
- Grants of Probate;
- Grants of Letters of Administration;
- Collecting, transferring and selling estate assets;
- Settling estate liabilities;
- Assisting with bankrupt estate scenarios;
- Dealing with beneficiaries and estate distributions/gifts;
- Providing tax effective estate strategy advice (to benefit the estate and its beneficiaries);
- Providing advice to executors to ensure they minimise the risk of personal liability and/or estate losses;
- Assisting with making and/or defending claims against an estate (refer also to our Estate Litigation Services);
- Liaising with accounts and financial advisors.
We appreciate and understand that the estate administration process can be time-consuming, complicated and challenging. No matter how large or small an estate is or how simple or complex the estate administration process is likely to be, we are here to help and support you.