Estate planning & administration

A Will is one of the most important documents you can put in place to ensure your assets are distributed according to your wishes and to make things easier for your loved ones. While free Wills, online templates and DIY Will kits may reduce upfront costs, they can overlook important legal requirements, family circumstances and asset ownership issues. Mistakes such as incorrect signing, missing executors or incomplete provisions can lead to delays, increased costs and additional stress for family members. Professional legal advice helps ensure your Will is valid, comprehensive and able to achieve your intended outcomes. McVeagh Fleming's estate planning lawyers can provide tailored advice based on your individual circumstances.

In today’s challenging economic climate, family trusts remain a valuable tool for protecting assets and managing risk. While tax benefits are now limited, their key advantages include separating ownership from personal liabilities, safeguarding assets from creditors, and supporting relationship and intergenerational planning. However, trusts must be properly structured and actively managed to remain effective, particularly under increasing legal scrutiny.

Enduring Powers of Attorney (EPAs) are becoming increasingly important in New Zealand as dementia rates rise and more people face a loss of decision-making capacity. An EPA allows you to choose trusted individuals to manage your personal care, medical needs, and finances if you are unable to do so yourself. Without one, families may need to go through costly and time-consuming court processes. Setting up an EPA early ensures your wishes are respected, reduces stress for loved ones, and provides greater certainty for the future.