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It's the diverse expertise of our team that allows our clients to achieve the best possible outcomes. Many businesses and individuals face legal issues that don't neatly fall under one category. At WMD Law, our legal teams work together to ensure our clients have all bases covered.
WMD Law is dedicated to providing:
Confidentiality Agreements, Distribution Agreements, Executor
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Commercial Litigation, Compensation, Contracts, Conveyancing, De Facto, Entertainment, Environmental, Family Law, Finance, General, Government, Industrial, Insolvency, Insurance, Intellectual Property, Notary Public, Planning, Probate, Property, Rural, Succession, Trades, Trusts, Vehicle, Wills, Wine
An executor is a person or persons appointed to handle the estate after the testator (the person making the will) dies and ensure their wishes are carried out. When choosing an executor, you should be sure that the person concerned is prepared to be executor and has the ability to deal with the matters which arise. It is a good idea to appoint 2 executors or alternate executors so that if one, for some reason, is not available, the other one can act.
A person should make a new will if they marry, as marriage revokes a will, unless it is stated to be in contemplation of marriage. A new will should also be made if the testator divorces or experiences a major change in circumstances which would make the provisions of a previous will no longer suitable. It is a good idea to revise a will on a regular basis, say every 5 years, to make sure that it still represents your wishes.
The appointment of your enduring guardian takes effect only if you become unable to make your own personal or lifestyle decisions. Your enduring guardian must act within the principles of the Guardianship Act 1987 (NSW), in your best interests and within the law. You cannot give them a function or direction which would involve them in an unlawful act.
Enduring guardianship ends when you either die or when you revoke the appointment (and provided you still have the requisite mental capacity to revoke it). A joint enduring guardianship will also end if one of the guardians dies, resigns or become incapacitated unless you provide otherwise on the document creating the appointment.