Trending now

Building for Tomorrow: Anand Lalaji Calls for…

Switching from Peachtree to QuickBooks can simplify…

QuickBooks Passwords and Password Recovery: Ensuring Account…

ImFact Declares Connection of 6.8 Billion Devices…

More Than Movement: Rachelle Clingo Walker Smithfield…

Deipno® Tea and Spice Blends Expands Spice…

Drug-Free Tennessee Helps Youth in Ripley Tackle…

THAIFEX – ANUGA ASIA 2025 Opens with…

BLOOD and GOLD: A Wake-Up Call Wrapped…

Tearline’s ChatPilot Surpasses 2.5M Interactions — The…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

Introducing A Need to Probate a Will in Melbourne

by Binary News NetworkAugust 30, 20220383
  • facebook
  • twitter
  • instagram
  • pinterest
  • google-news

Melbourne, Victoria, Australia, 30th Aug 2022, King NewsWire, Losing a beloved family member can be one of the most stressful times in a person’s life. During this time of grief, no one wants to be burdened with the added responsibility of handling the deceased’s family matters. Wills are often the very last thing in the minds of the bereaved family members. As a result, the rightful successors of the deceased’s assets can lose out on their claims. 

This problem can easily be solved by hiring a good lawyer. The lawyer will be able to apply for probate on behalf of the deceased’s successors, so that will be left behind by the deceased can be executed to its fullest effect. This also ensures that the family can focus on the funeral preparations and service while the lawyer takes care of the legal affairs.

Understanding Probate of Will in Melbourne 

People create wills during their lifetime to specify how their assets should be divided among their family members after their death. However, the execution of this will, if left to the whims of the inheritors, can cause serious legal disputes that stretch on for years. This is why probate becomes a necessity.

Probate allows a registered lawyer to act as an executor for the deceased person’s estate. This lawyer will first apply for probate from the local government authority. This process is strictly followed in Melbourne, Victoria too. The grant of probate in Melbourne means that the will for which the probate was sought has been validated, and the distribution of assets can now begin. 

The lawyer begins by taking charge of the deceased’s assets. Banks will then release funds based on the grant of probate. Investment accounts can be closed and shares sold by the estate executor using the probate grant. The grant of probate is also essential to claim the life insurance dues of the deceased. The estate executor may even use the probate grant to pay the deceased’s unpaid loans if any. Once all this is completed, it is time for the lawyer to distribute the deceased’s assets among the family members, according to the wishes stated in the will.

Is Probate Compulsory?

Everyone does not require a probate. Probate is only compulsory for people with assets above a certain value. People who do not leave behind any wills do not have to bother about probate either. Suppose a person dies intestate, i.e., without a legal, official will. In that case, their property will be distributed among their immediate family members according to the state’s local laws of inheritance. This may be unacceptable to the deceased depending on their relationship with certain family members. 

That is why lawyers recommend the drafting of wills as an absolute necessity. It ensures that an individual’s hard-earned assets are bequeathed to the people they have nominated. A will ensures that no estranged family members can suddenly come out and make any claims. It guarantees that the person’s wishes are honoured even after their passing. This demonstrates why probate is compulsory where wills are involved to guarantee its legal implementation. 

How to Apply for Probate in Melbourne, Victoria?

The rules for a probate application vary from state to state in Australia. To apply for probate in Victoria, the estate executor must first publish a public notice expressing intent for probate application in any Australian daily. A fee will have to be paid to advertise this intention. Once the public notice comes out, the executor must wait at least 14 days (and a maximum of 3 months) before filing the application. 

A probate application requires filling up a form that is available online on the website for the Supreme Court of Victoria. Once the form is filled, it must be submitted to the state’s Probate Office in person. The executor of the estate will also have to furnish all necessary documents. This includes the birth certificate of the deceased, their original will, and detailed accounts of the deceased’s assets and liabilities. If all the paperwork is in order, probate in Victoria is granted within 5 to 10 days of filing the application. 

Reliable Legal Services for Probates and Wills in Melbourne

Finding a dependable law firm that delivers consistent results is like finding a diamond in the rough. This is why families and even businesses retain the services of reputed firms for generations. Melbourne has its fair share of law practitioners and firms that serve numerous clients. One of the best in the business when it comes to probates is Daniel Lawyers & Associates.

The firm is one of Melbourne’s best, fixed-rate law services with a long list of satisfied clients to boot. They provide a comprehensive range of legal services with a special focus on property law, wills, and probates. Their lawyers are all skilled and possess years of experience working as executors of the estate for people with a considerable valuation of assets. The firm’s reputation has been built over the years on transparency and reliability. It is, therefore, not surprising that an overwhelming majority of Melbourne residents turn to Daniel Lawyers & Associates to handle their property issues and apply for probate with professionalism and efficiency, avoiding lengthy legal battles. 

To contact Daniel Lawyers & Associates, you can simply call on (03) 9687 3211 and talk to their legal experts. Or you may also email them at [email protected]. Melbourne residents can also visit one of their offices in CBD City or Sunshine City. More detailed contact information is provided on the official website under the Contact tab. Melbourne’s finest is just one number away. Call now!

 

 

Media Contact

Organization: Daniel Lawyers

Contact Person: Daniel Lawyers

Email: Send Email

Address 1: Level 5, 12 Clarke Street, Sunshine, VIC, 3020

Phone: 0396873211

State: Victoria

City: Melbourne

Country: Australia

Website: https://www.daniellawyers.com.au/

The post Introducing A Need to Probate a Will in Melbourne appeared first on King Newswire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
Introducing Artistokens, a Decentralized Art Exchange Owned by the Community and Controlled by Artists
next post
Let Southwest Florida R.E Group Help You Make The Right Real Estate Investments In Florida’s Flourishing Real Estate Market
Binary News Network

Related posts

Patsy Brown, GOP Candidate to Replace Rob Telles for Clark County Public Administrator Endorsed By Former Democratic State Legislator

Binary News NetworkSeptember 26, 2022

Always Shine-N Is Providing Gutter Pressure Washing Services In San Antonio, TX

Binary News NetworkApril 19, 2023

Atshopping168 – The Global Commerce Platform That Connects People to the World

Binary News NetworkMarch 15, 2023

Recent Posts

  • Building for Tomorrow: Anand Lalaji Calls for Leadership That Lasts
  • Switching from Peachtree to QuickBooks can simplify accounting, increase accessibility, and support future growth
  • QuickBooks Passwords and Password Recovery: Ensuring Account Security and Access
  • ImFact Declares Connection of 6.8 Billion Devices via On-Device and Personal Blockchain
  • More Than Movement: Rachelle Clingo Walker Smithfield Shares Her Insights on How to Tell a Story Through Dance

Popular posts

Space Marvel Announces Its Launch – a Time-Based...

Binary News NetworkApril 22, 2022
April 22, 2022

Woori Agent is the Best Website for Information...

Binary News NetworkMarch 4, 2023
March 4, 2023

Canada Visa For Ireland, Estonia, Malta And Luxembourg...

Binary News NetworkMarch 31, 2024
March 31, 2024

Bitney Fans Club – BITNEY Token to be...

Binary News NetworkSeptember 15, 2022
September 15, 2022

Firechain Raises $3 Million in Pre-Seed Funding to...

Binary News NetworkMay 23, 2023
May 23, 2023

Lumoz Protocol Mainnet Launch: MOZ Tokens and Node...

Binary News NetworkDecember 9, 2024
December 9, 2024
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact