WEPlan Solicitors
Our team ensures that your Will and estate plan reflects your wishes, objectives and needs. We are specialised in this area of law, because all we do is providing advice on Wills and estate planning.
Ours Services
We only deal with Wills and estate planning. Take at look at the topics that fall into this specialised area.
Wills
Testamentary Trust Wills
Enduring Powers of Attorney
Appointments of Enduring Guardians
Binding Death Benefit Nominations and Supporting Minutes
Parental Deeds of Loan
Discretionary (Family) Trust with Tailored Terms
Deeds of Removal/Appointment of Appointors and/or Trustees and/or Beneficiaries
OUR TEAM
About Us
Kerstin Glomb
PRINCIPAL
Kerstin Glomb is the principal of WePlan Solicitors who has been practising in the area of Wills and Estate Planning for over 25 years. During her practise, Kerstin has assisted clients of all shapes and size in the ACT, NSW, QLD and VIC including:
- clients with complex personal circumstances (blended families)
- clients who wish to provide asset protection and/or tax flexibility for their beneficiaries
- clients with children who require a high level of protection, e.g., children with a disability or children who have an addiction or children who are easily manipulated
- clients with complex financial circumstances (group of companies, family trusts, self-managed superannuation fund)
- clients in high risk professions (e.g., medical practitioners, clients acting as directors of companies).
Kerstin has been described by her clients as diligent, patient and making the estate planning process as easy as possible. Kerstin uses plain English and drawings during the meetings to make it easier for her clients to become aware of and address all issues of their estate planning, find out about different options to address their estate planning objectives and to make informed decisions.
For Kerstin there are no silly questions and she encourages you to ask any question as often as you like, because it is most important for her that at the time of signing your documents, you understand them and the documents reflect your wishes, objectives and concerns.
What is an enduring power of attorney/appointment of enduring guardians?
The law applicable to enduring powers of attorney (EPA) and appointments of enduring guardians (AEG) is State law. This means the documents you put into place differ between the States and Territories.
In the ACT an EPA allows you to nominate persons of your trust to deal with your financial, personal care, health care and medical research matters while you are living.
In NSW, an EPA allows you to nominate persons of your trust to deal with your financial matters and an AEG allows you to nominate persons to deal with your personal and health care matters while you are living.
If you wish to decide who can deal with your affairs while you are living, but you are unable to make these decisions yourself (e.g., due to an accident, dementia or Alzheimer disease) then you should put an EPA (if you reside in the ACT) or an EPA and AEG (if you reside in NSW) in place.
If you do not have an EPA/AEG in place, and decisions need to be made on your behalf it is necessary to file an application with the Guardianship Division of the ACT or NSW Civil and Administrative Tribunal, and the Tribunal will appoint a ‘willing and able’ person as your financial manager and guardian. Kindly note the Tribunal may nominate a professional trustee company, like the Public Trustee as your financial manager. If the Tribunal appoints a family member, friend or other individual, he or she will be required to report to the Public Trustee at least once per year.
The next step
What is a Testamentary Trust?
A Testamentary Trust is similar to a discretionary (family) trust, but a Testamentary Trust becomes operative only upon your death. The terms of the Testamentary Trust (e.g., who controls it, who are the beneficiaries, who receives the trust fund when the trust is wound up) are included in your Will and you decide how flexible or fixed the terms are.
This means, your Will is not just 8 to 10 pages, but around 25 pages long. Under most Australian State and Territory jurisdictions a Testamentary Trust can exist for 80 year from the date of death of the Testator or Testatrix. In other words, multiple generations of your family can benefit from a Testamentary Trust.
A Testamentary Trust can provide the beneficiaries of the Trust with asset protection against their personal creditors and estranged spouses.
A Testamentary Trust provides income splitting opportunities as well as tax concessions with regard to income distributions from the Testamentary Trust to a beneficiary who is a minor.
The next step
Our Process
We're here to help you through the process. Take a look at some frequently asked questions
The process comprises an initial meeting, providing you with a summary letter of the discussions during the initial meeting in plain English together with draft documents and a signing meeting.
During the initial meeting we will ask you a lot of questions to find out your estate planning wishes, concerns and objectives as well as your personal and financial circumstances. We do not ask all those questions because we are curious, but it helps us to understand the bigger picture and to provide you with options how you may structure your Will and other estate planning documents.
We do not expect that you can answer all questions we will ask you during our initial meeting. Additional information, instructions and/or document can be provided by you after the initial meeting.
The answer is NO.
However if it easy for you it would be helpful if you could bring the following documents to our initial meeting:
We will provide you with a detailed written summary of our discussions during the initial meeting and, if you have provided us with sufficient instructions, drafts of your Will and other estate planning documents for your review. Naturally you can contact us should you have any queries regarding the summary letter and/or draft documents.
The next Step
Why Choose Us?
We provide; experience, fixed fees, flexible hours and meeting options.
EXPERIENCE
We have over 25 year experience in the area of Wills and Estate Planning
SPECIALISTS
All we do are Wills and Estate Planning
FIXED FEE
We work on a fixed fee basis so you can ask as many questions as often as you like without being scared that this will increase the bill amount
24 / 7
We have no nine to five policy – so we fit in your calendar (including the weekend)
FLEXIBLE
You decide where we meet: At your home, your office, the office of any of your other professional advisers or via Zoom or Teams
(for the initial meeting only)
We look forward to hearing from you
Our team is ready to meet with you to discuss your wishes, concerns and objectives. We like to make it as easy as possible for you, therefore we are happy to meet face-to-face, at a location of your choosing, or online via Zoom or Teams.