Wills, Power of Attorney and Testamentary Trusts

Discussion in 'Wills & Estate Planning' started by Triu, 8th May, 2007.

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  1. Triu

    Triu Well-Known Member

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    Hi sets all this up? Anyone know any good lawyers in Perth WA to set up!

    thanks
     
  2. Nigel Ward

    Nigel Ward Well-Known Member

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    Shouldn't need to be in WA....altho a face to face is probably preferable.

    Cheers
    N.
     
  3. KDM

    KDM Member

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    No warranty express or implied

    I have been given a referral (from several people I trust) to:
    Sue Fielder
    Jackson McDonald Lawyers
    140 St Georges Tce Perth 6000
    (08) 9426 6611

    I am going to see her next week.
     
  4. Handyandy

    Handyandy Well-Known Member

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    Hi Nigel

    What sort of costs are normally involved in fully worked set up.

    Say you have a number of companies and trusts involved and covering not only ourselves but also our children who hould some shares in the companies and are benificiaries from the trusts.

    I am just going through this procedure and dread to thinkwhat the costs are going to end up like as we are also having retro fit some re assignments within our structure. (this arose as a consequence of finding we are being sued in the middle of working through the will thing)

    I know its a bit like 'how longs a piece of string' but your thought would be appreciated,

    Cheers
     
  5. Triu

    Triu Well-Known Member

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    Thanks KDM let me know how you go with regard to the lawyer.

    thanks

    Triu
     
  6. Nigel Ward

    Nigel Ward Well-Known Member

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    I would have thought it shouldn't cost more than say $5k absolute maximum for a complex situation.

    More likely $1,500 - $3k + GST.

    Cheers
    N.
     
  7. SydneyCider

    SydneyCider Member

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    Appreciate any recommendation for a Sydney based solicitor for relatively simple will (with HDT) as well.

    Been meaning to do this for a while, but the thought of dealing with yet another solicitor is a good reason for procrastination.
     
  8. Handyandy

    Handyandy Well-Known Member

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    I assume Nigel could do the work for you;). He's certainly in Sydney.:D

    Cheers
     
  9. SydneyCider

    SydneyCider Member

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    Ok thanks.. I actually didn't realise Nigel was one.
     
  10. Simon Hampel

    Simon Hampel Founder Staff Member

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    As far as I know, Nigel doesn't do that type of work - I'd suggest you go to a solicitor who specialises in these things.
     
  11. Nigel Ward

    Nigel Ward Well-Known Member

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    Was "one" what? :D

    Somewhat like a supermodel, I'm not permitted to get out of bed for less than a deal where there are less than 8 zeros and the legal fees would buy a small luxury imported car... :eek: :(

    I'll pm you some suggestions for "ones" whose fees are more reasonable. :rolleyes:

    Cheers
    N.
     
  12. johnnyb

    johnnyb Well-Known Member

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    I'm about to go through this process myself here in Tassie (so can't recommend anyone in Syney, sorry). The 'one' I've been talking to charges $200/hour, which I understand is pretty normal. I'm yet to get an estimate of the number of hours required though :eek:

    John.
     
  13. KDM

    KDM Member

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    Perth Solicitor

    I met with Susan yesterday & I'm very comfortable with her knowledge and approach. My situation will take several meetings to sort out wills, EPA's, testamentary trusts and a deed to supplement my family trust. I'll report on the overall outcome and cost at the end.

    FYI I got the surname slightly wrong in my original post. The correct details are:

    Susan Fielding
    Jackson McDonald Lawyers
    140 St Georges Tce Perth 6000
    (08) 9426 6611
     
  14. Steve L

    Steve L New Member

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    As above ... looking to do the same sort of thing, Will, power of Attorney etc. Anyone have recommendations for a solicitor Sydney ??
     
  15. Simon Hampel

    Simon Hampel Founder Staff Member

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    Try: Ray Ward from Ward Legal - http://www.wardlegal.com.au/ (no relation to Nigel!)
     
  16. Handyandy

    Handyandy Well-Known Member

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    Certainly not the one I used!!!1:eek: They tried to charge me over $12k - have negotiated this down to $7k but still way expensive. (This was for 4 people.)

    General question - Ones I have all the paper work back and the POA are lodged can I simply take all this back to my regular solicitor to administer?

    Cheers
     
  17. Meisterin

    Meisterin Well-Known Member

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    You can register the POA yourself. But do you really need to register the POA?

    If you want to register just go to LPI and pay the registration fee. Must take a few copies with you though. I think orginal and two copies from memory, but may be wrong.

    If you use a solicitor they'll charge btw $80-$120 plus disbursements for simple registration.
     
  18. RobertHolmes

    RobertHolmes Member

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    Estate Solicitor in Sydney? Please consider Peter Bobbin of Argyle Lawyers Pty Ltd. Peter is *the* authority in these matters.
     
    Last edited by a moderator: 28th Jul, 2009
  19. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    In NSW you would probably only need to register a POA if the attorney is going to deal with land - buying, selling, mortgaging etc.