Separation can be a complicated and emotional time. At times, you may feel like the paperwork never ends and tough decisions meed to be made. Updating your Will can be easily forgotten or placed in the “too hard” basket.
The breakdown of a relationship can change your family structure and may also affect asset ownership. Additionally, a divorce invalidated sections of your Will in relation to your former spouse and you may need to change your Will to reflect this.
We understand that determining the details of your Will can be difficult. Our solicitors will provide your with compassionate assistance that ensures your Will is binding and captures your wishes accurately.
When updating a Will after a relationship breakdown you’ll need to consider the following:
- The addition or removal of beneficiaries;
- Changes to asset ownership and finances; and
- The executor/s of your Will.
Mazengarb Family Lawyers can help you to create or modify your will to give you confidence and peace of mind.
A Power of Attorney
A Power of Attorney is a legally binding document which grants authority to a person of your choosing (known as your attorney) to be able to act on your behalf in relation to your financial affairs, healthcare matters and personal matters. Power of Attorney can be granted to a friend, a family member, anyone you choose. An attorney does not need to be a solicitor nor do they need to be legally trained.
If your spouse or partner has a Power of Attorney regarding your business, financial, legal and/or health care decisions, it may be appropriate for you to transfer this authority to another person after a relationship breakdown.
Mazengarb Family lawyers will take you through the legal requirements and applications should this be required.