Wills and Estate Planning2017-06-06T05:19:04+12:00

Wills and Estate Planning, How To Choose the Best Lawyer?

Choosing the best Auckland law firms for Wills and Estate Planning

According to government statistics, more than 31,000 Kiwis passed away in 2015. That represents a large number of estates for survivors, trustees and others to contend with.
People often procrastinate when shopping for legal advice about ‘end-of-life’ plans. The reason for this is that becoming disabled or dying is something we generally prefer to not think about. Lack of understanding about the Estate Planning process and fear about how complicated or expensive it may be are other reasons people put off planning.

Why do I need legal advice for Wills and Estate Planning?

It’s a common misconception that only wealthy or elderly people require a lawyer to draw up Wills, Guardianship Documents, Healthcare Directives, and Powers of Attorney, and set up Trusts to direct the distribution of your property after you become incapacitated or die.
People of all ages and asset values need to create a plan that will take care of essential obligations in cases of disability or death, give guidance on critical personal medical choices, transfer property, and arrange for care of dependents according to their wishes and their family’s needs. Even relatively simple estates can be handled better and more quickly when a lawyer is consulted.
Everyone who wants their loved ones to be cared for in the event that they suddenly become incapacitated or die must plan their estate and have a written Will. Without proper Estate Planning, loved ones can face a nightmare of legal complications and unnecessary expense. It’s important to remind ourselves how devastating for our families not planning can be — financially, legally and emotionally — and that getting started is the better choice.
So there are very good reasons to get advice and guidance from a trusted and qualified Auckland Wills and Estate Planning lawyer to prepare for the inevitable.

Wills and estate planning

How to find the right Auckland Wills and Estate Planning lawyer

Choosing your Auckland Wills and Estate Planning lawyer can take a little time and effort. You will need to do some research to find one that is right for you. If you don’t already have a list of prospective lawyers, a great place to start your search is by using the Internet.
Every good lawyer should have an online presence. Look at biographical information on their website. Do they have expertise in the area of Wills and Estate Planning? Which professional associations do they belong to? Are there articles, FAQs or other information that resonate with your needs?
Ask other people if they have heard of the lawyer and what they think about them. A good lawyer will have the right credentials, be experienced and be trustworthy.
After you’ve narrowed down your list to just a few lawyers, contact them. Pay attention to how their staff answer the phones and how they treat you because they’re a good reflection of how the lawyer practices. You want to find an Auckland Wills and Estate Planning lawyer who has a live person answering the phones who can answer quick questions for you when you’re a client.
When you contact them on the phone, be sure to ask what will happen at the initial meeting and whether there will be a charge for the meeting.

7 Wills and Estate Planning Questions to ask your Lawyer

Recent News

Our legal tips are provided by the Auckland lawyers and conveyancing specialists at Quay Law (New Zealand). These articles cover a range of legal topics and news worthy articles.

    Best Conveyancing Lawyer For Me In Today’s World: What Is Right For Me?

    Best Conveyancing Lawyer For Me?

    There are many factors to the selling, buying and refinancing of a property that cause far more trouble than you should have to face alone. A conveyance lawyer will protect you through the thick and thin of your property transaction.

    Which is the best conveyancing lawyer for me?

    “Conveyancing lawyer for me” – what does this really mean? We know that the Auckland housing market today is a touchy subject for most young homeowners-to-be. With ever-changing interest rates and many prime property purchase opportunities being snapped up faster than some of us can keep up with, home ownership can be a looming prospect for Aucklanders to face. As if this wasn’t a stressful enough situation to consider, there are many underlying factors to the selling, buying and refinancing of a property that are often overlooked, and eventually cause far more trouble than you should have to face alone. A severely underrated asset to your arsenal is the conveyance lawyer – a member of your team that is devoted to seeing that the needs and wants of all parties are met. Above all, a conveyancing lawyer ensures that the undertakings of all parties are upheld and met to the best of their ability. With all of these factors to consider, the question of “which is the best conveyancing lawyer for me” springs to mind.

    We want to assure you that no matter the interest rates you face, or how drastically the rate of property sales in Auckland fluctuate, we will be here to assist you for all your property buying, selling and refinancing obligations. As the oath keeper, you can rest assured that when working with our conveyance lawyers, all of your needs will be met with enthusiasm and remarkable results.

    Give our conveyancing lawyers a call today for all of your property selling, buying and refinancing needs.

    Contact Your Conveyancing Lawyer in Auckland

      Shared Homeownership Scheme: What It Means For First Home Buyers

      You might have seen the recent announcement by BNZ about their new shared homeownership scheme. So, what exactly is it and what does it mean for people who are keen to take their first step onto the property ladder? As an Auckland lawfirm specialising in property law and conveyancing, here’s our take:

      BNZ Shared Homeownership Scheme – The Details

      The BNZ shared home ownership scheme is not dissimilar to homebuying schemes which have been run in the UK and Ireland with success for a number of years.

      In summary, a first-time buyer teams up with an equity investor to co-purchase a house. The buyer invests what they can afford, with the co-investor (in this case YouOwn) investing the remainder to bring the total equity to 20%.

      The buyer then services the loan on their share of the property, as well as paying an “interest” charge to their co-investor, with the eventual aim to buy them out and own 100% of the house.

      Shared Homes Scheme – The Benefits

      • It allows you to get a foothold on the property ladder – you put up a deposit that you can afford (minimum 5%).
      • You can start to increase the % ownership you have in the property after 5 years, with no set timeframe to achieve full ownership of the house.

      Shared Ownership – Things to Consider

      • This scheme is aimed at buyers with a household income of minimum $120,000 given the price of the eligible homes.
      • It only applies to certain Auckland new-build homes at the present time.
      • As well as your mortgage repayments you pay a separate charge on the equity investment by YouOwn.
      • You’re responsible for all ownership costs such as insurance, rates and maintenance of the house.
      • You won’t be able to sell your house without agreement from the equity co-investor, although you may be able to rent it out if your circumstances change.

      As Auckland lawyers, we consider the BNZ co-ownership scheme to be an interesting new way to get on the housing ladder for first-time buyers. However, it always pays to do your research and to consider all legal aspects to ensure that it’s the right choice for you.

      Here at Quay Law, as property lawyers and conveyancers we’d be happy to help you discover if the shared homeownership scheme is right for your circumstances. If you’re looking for a lawfirm in Auckland to help with selling, purchasing or financing a home, get in touch with Quay Law today.

      Contact Your Conveyancing Lawyer in Auckland

        Foreign Buyer Ban NZ: What Does It Mean For You and the NZ Property Market?

        In October last year the foreign buyer ban NZ came into effect and some New Zealanders breathed a sigh of relief, but should they have? Will the foreign buyer ban NZ have any impact on property prices or overseas ownership? According to the Real Estate Sector in New Zealand, the change in property law will not help kiwis who are struggling to afford their first home. However the Associate Finance Minister David Parker says it will still help in the way of stopping Kiwis being outbid by foreign buyers.

        According the average amount of property transfers that happen each year in New Zealand, only 3% have foreign buyers. That equates to approximately 4200 houses. This number may seem small, but when you add up the total year to year, the number grows significantly, therefore these restrictions may start to have an effect on Kiwi first home buyers after all.

        Australian Property Restrictions and What They Show.

        Before these restrictions came into effect in NZ, Australia had already banned foreign ownership on existing (opposed to new) residential properties. However, they hadn’t created any restrictions for foreign trusts and corporations, which means that their laws are less strict than ours. So far, there is little evidence that shows that these restrictions have had any impact on slowing housing price inflation in Australia.

        How did foreigners react to the foreign buyer ban NZ?

        A large percentage of foreign property buyers are from China as they prefer to invest outside of China, in countries that have a more stable economy which can provide good returns on investment. Upon hearing the news of the new restrictions being put in place against foreign buyers, many Chinese jumped at their last chance to buy in NZ. There was a 59% increase in NZ property enquiries on just one of many real estate websites advertising NZ property to China.

        The foreign buyer ban NZ frees up property for Kiwis, now it’s time to find an Auckland law firm that knows real estate law.

         

        With the extra 4200 homes opening up to Kiwis each year, it’s time to look into a conveyancing law firm in Auckland to help you understand real estate law with your property transactions. Quay law can help you with purchasing, selling, conveyancing, financing and all general legal advice you could need to know. If you have found or are selling the perfect home, call Quay Law to speak to a qualified and professional conveyancing and property lawyer.


        We are lawyers in Auckland, who provide practical legal services and conveyancing to a diverse range of New Zealand and overseas client needs. Centrally located in Remuera, Auckland, we look forward to working with you.

        Contact your approachable auckland lawyer

        Our Legal Services

        Our lawyers in Auckland provide practical legal services for a diverse range of client needs.

        CONVEYANCING (RESIDENTIAL AND COMMERCIAL)

        Our property lawyers understand that property refinancing and property transfer or conveyancing transactions are diverse and can range from the sale or purchase of a residential house or apartment to something more complex. Transactions may focus on any property market be it retail, office, industrial, retirement villages, residential or rural.

        Call us now for our conveyancing

        REFINANCE, DEBT RESTRUCTURING OR CONSOLIDATION

        Loan Refinancing may refer to the replacement of an existing debt obligation with a debt obligation under different terms.

        If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring or debt consolidation.

        Call us now for our Refinance

        WILLS AND ESTATE ADMINISTRATION

        Everyone over the age of 18 years should have a will.  This will ensure that your assets will be bequeathed to those persons or entities whom you wish to benefit from your estate. We are able to manage the administration of your assets on death and provide advice to estate executors on any legalities that may arise.

        We also provide the following ancillary services

        • Enduring Powers of Attorney
        • Powers of Attorney and Deed of Delegation
        • Matrimonial and De Facto Claims against your estate

        Call us now for wills and estate administration

        ESTATE PLANNING, TRUSTS AND ASSET PROTECTION

        We specialize in the establishment of the Trust and thereafter are able to support the ongoing management of your Trust along with your Trustees.  It is essential that your most important assets are protected during your lifetime and on your death.

         Please contact us for family trusts

        TAXATION

        Types of taxation related services include but are not limited to

        • Investment Properties
        • Income structuring
        • Income Splitting for Family
        • Pre immigration planning.

        Please contact us for Tax Lawyers

        RELATIONSHIP PROPERTY

        The drafting of a relationship property agreement requires skill, diplomacy and a good understanding of your requirements to ensure that the desired outcomes are achieved should a separation occur. We are able to assist with setting up Relationship Property Agreements and Separation Agreements.

         Please contact us for Relationship Property Agreement
        COMMERCIAL | BUSINESS LAW

         

        Types of products and services we provide:

        • Leasing
        • Business Sales and Purchases
        • Business Refinancing
        • Company Formation
        • General Security Agreements
        • Debt Collection
        • Partnerships
        • Shareholders Agreements
        • Small Business Advice
        • Business and Marketing Plans
        • Strategic and Marketing Advice
        • Guarantees
        • Terms of trade
        • Financing
        • Franchising
        • Joint Ventures
        • Consumer protection

        Please contact us for Commercial lawyers

        FRANCHISING

        Whether you are a franchisee or franchiser, large and small, we are able to assist you in setting up franchises, entering/buying a franchise, writing and reviewing franchise documentation and expanding franchises, in a personalised, professional and efficient manner.

        Please contact us for Franchise agreements

        IMMIGRATION

        Our lawyers in Auckland can assist you with:

        • Providing general immigration advice.
        • Attending to you visitor, work or residency visa / permit applications.

        Please contact us for NZ Immigration

         We can help you with:Rules of the Body Corporate
        Management of the Common Property
        Establishment of the Board of Trustees (the committee)
        Regulations governing the Board of Trustees
        Provide insight and objective advice on Body Corporate matters
        Please contact us for Auckland Body Corporate Lawyer
        SOCIAL MEDIA LAW

        Social media includes web-based and mobile technologies used to turn communication into interactive dialogue. Social media is media for social interaction as a super-set beyond social communication. Enabled by ubiquitously accessible and scalable communication techniques, social media has substantially changed the way organizations, communities, and individuals communicate. This has in turn had an impact on the law.

        Please contact us at Quay Law Remuera for Social Media Law

        CONVEYANCING, FAMILY TRUSTS AND GENERAL ADVICE

        Our lawyers based in Remuera are also able to provide advice on general New Zealand legal matters.

        If you require expertise beyond our practice, we are able to arrange this necessary expertise for you.

        Referrals to Barristers are also provided.

        Our Auckland solicitors also practice in Social Media Law.

        For more information, please contact a lawyer at Quay Law Barrister and Solicitors.

        Please contact us for General legal requirements

        “No man is above the law and no man is below it;nor do we ask any man’s permission when we enquire him to obey it.”
        -MAXIM
        Anonymous • Quote of the Day
        GET IN TOUCH