When doing something related to estate you should know that this is a serious business. A missing signature or a wrong word will change the intent of your will and you may be thrown into a long legal tussle. You or your bereaved family do not have the time or the funds to fight for your estate in the court. This should lead to the question; why do I need an estate lawyer?
Estates are governed by state laws.
Australian laws are specific about what can and cannot be in a will or trust. You may not already know this but an estate lawyer does. He/she will assist not to miss any of these details. Whatever your estate issue is, it will be flawless.
Without a lawyer, buyers must be aware.
You may decide not to have an estate lawyer and instead do everything by yourself. In the short run, you will save a few dollars. It later becomes costly when the buyer notices that your will is not legally valid. You have to pay for these mistakes to be corrected and it never comes cheap. It will cost you many times over what you should have spent if you had hired a lawyer.
For complex estate issues, an estate lawyer comes in handy
From your own view point, your estate may seem flawless. But wait until you involve a lawyer then you will be aware of complexities that would have risked your family’s future. Estate lawyers can spot a discrepancy and find way to correct before it becomes a hurdle into your will. You need them for the unforeseen circumstances.
If you want a free run in your estate affairs, an estate lawyer is a crucial part of the equation. Do not be tempted by the easy way to do things by yourself. The future ramifications of a bad will are nothing compared to what you pay a lawyer.