Many people are unaware that Trustee Companies although initially do not charge for the preparation of a Will, have themselves appointed as Executors of the Will and accordingly, are able to claim commission on the Estate of the deceased. For example, on an estate worth $1million, the commission could be as high as $30,000 which of course can sometimes cause financial hardship for the beneficiaries of the deceased.

Warren & Warren can prepare a proper and professional Will allowing for all contingencies for a flat fee of $250 plus GST.

Do I need a Power of Attorney?

It has also become increasingly important that people have in place an Enduring Power of Attorney so that in the event of sickness, travel or other incapacity, their private and business affairs are capable of being properly attended to.

Unfortunately, in some instances where such Power of Attorney does not exist, it becomes necessary for the Office of the Protective Commissioner to assume control of a person's affairs which can create difficulty for business partners and families.

The cost of having an Enduring Power of Attorney prepared and executed is comparatively inexpensive at $250 plus GST.

Probate and Deceased Estates

People are aware that in many cases when a person dies it is necessary to obtain a Grant of Probate to enable the property to be distributed in accordance with the Will.

The State of New South Wales has certain probate filing fees which must be paid and there is also a set scale of fees charge depending on the value of the estate.

It is important to obtain proper quotations from your Solicitor as cost can be quite high.

Warren & Warren have great experience in dealing with Estates and will charge a fixed price for all work to properly administer and conclude estates.