DIY will kits are becoming increasingly more popular and many are available for purchase online. Having a will is important on many levels, particularly if you have a sizeable estate, and even people with not much in the way of material possessions and money should still have some sort of will.
Do Your Own Will? Hire an Attorney?
But should you attempt to transcribe your own will just to try and save some money, or is that a task best left to a professional; hire a solicitor or hire an Attorney who specializes in wills and estates?
A DIY will kit can be handy in the sense that it’ll give you an idea of the types of things to include in your will, but it’s still highly advisable to have a trained professional prepare the will and distribute your estate.
Below are just a few reasons why DIY will preparation is not in your best interests.
The Cons of DIY Will Kits
DIY wills can often be unclear and ambiguous. They can even be misinterpreted and therefore left open to challenge by those in disagreement with the will.
Generally, when one prepares their own will, they are doing so to avoid involving a law firm. Therefore, they appoint a friend or family member as the executor of the will. Unfortunately, this person with their newfound responsibility likely doesn’t have the knowledge, experience or expertise to act as an effective executor, and therefore struggles to adequately fulfill the obligations bestowed upon them.
There is also the chance the executor has a conflict of interest, such as a business partner of the deceased.
Another common mistake is to leave assets to people that you either don’t actually own, or don’t fully own, such as a joint business or family trust.
And one of the most common problems with DIY wills is they get misplaced or lost and are unable to be found when the time comes.
Wills are an extremely important document and should be treated as such.
Call An Expert for Will Preparation
Don’t take chances. Have your will prepared and executed by a professional. At Aylward Game Solicitors in Brisbane, Gold Coast and Sunshine Coast, We specialize in wills and estate planning, so trust one of your life’s most important legal documents to us and give yourself complete peace of mind.
The prospect of having a baby is a source of joy and excitement. But it can also cause stress, as for the 21% of Australian couples affected by infertility or same-sex couples. This is why many people struggle to expand their families. Fortunately, one can also become a parent through surrogacy in Australia. In this case, there is often an agreement between a woman who will give birth to the child (the surrogate mother) and future parents. And as with any big decision, there are essential surrogacy laws in Australia, financial, emotional, and health factors at play, not to mention COVID-19. Before you begin your steps, make sure you know your options.
What is surrogacy?
Your child’s birth is imminent – and you are not pregnant at all. Expectant fathers know this, but it is unusual for mothers. If another woman carries your baby, one speaks of surrogacy. Surrogacy is allowed in some countries, such as Australia, Ukraine, India, and some US states. Hormonal disorders, organic malfunctions, scarred fallopian tubes, a missing uterus, diseases such as endometriosis, or being too old can be why couples choose surrogacy. Surrogacy can also be an issue for homosexual men looking to have a child.
Which requirements must be met?
If future parents also want to be genetic, they must undergo numerous examinations:
Various blood and hormone tests
Ultrasound
Tests for congenital abnormalities and sexually transmitted diseases
The surrogate mother will also have to undergo multiple examinations to ensure she is eligible for the pregnancy. When selecting the surrogate mother, the agencies provide that the blood type and Rh factor are compatible with the egg donor.
Requirements for the surrogate mother
On the Internet, it is advertised that the women available maintain a healthy lifestyle, are physically and mentally fit and are between 18 and 35 years old. Another requirement is that each surrogate mother has already given birth to at least one healthy child. During pregnancy, women are not allowed to smoke or drink alcohol and, according to the agencies, receive immediate medical care.
How does surrogacy work?
In Australia, where surrogacy is allowed, searching for a surrogate mother is mainly done through agencies. The couples then choose a surrogate mother or egg donor using a catalog. This means that the team knows what the surrogate mother will look like. And it can choose an egg donor that looks similar to the future social mother to increase the likelihood that the child will also look like prospective parents.
1. Advice and hormonal treatment
This is followed by counseling, usually with legal advice and preliminary medical examinations. Only then are the egg donor and surrogate mother’s cycles synchronized with the help of hormones. In the case of the surrogate mother, the structure of the uterine lining is prepared with estrogen preparations. The egg donor’s ovaries are stimulated to allow several follicles to mature parallel to remove as many fertilizable eggs as possible. These are fertilized in the laboratory with fresh or thawed sperm.
2. Insertion of the embryo
The choice of embryos can be made utilizing pre-implantation diagnostics. The roots are examined for genetic damage. The selected seed is placed in the surrogate mother’s uterus using a tube. Two weeks later, a pregnancy test shows whether the implantation was successful. If not, the next embryo is thawed and inserted. The fertility rate after artificial insemination is 15 to 20 percent per treatment cycle. All examination findings and ultrasound images are shared with the soon-to-be parents during pregnancy.
3. Recognition of parenthood
Couples in Australia can also have surrogate motherhood carried out abroad. However, the couple must obtain comprehensive legal advice for the baby to enter Australia and recognize parenthood to work. Just because agencies advertise that everything is running smoothly doesn’t mean it has to be. The Australian representations in write on the subject of surrogacy: “At best, processing times of several years must be expected, which will pass until there is a legal basis and the necessary approvals for the child to join them in the context of a foster relationship (possibly with the aim of a later adoption). ”
Is surrogacy legal in Australia?
Surrogate parenting in Australia is complicated by a range of law that often conflicts between jurisdictions. A surrogate parent can be a personal contractual matter between the parties involved, which does not include payment, or can be a commercial agreement between the parties concerned. This process differs from adoption both legally and in practice.
In Australian surrogacy law, for example, people who wish to enter into a voluntary surrogacy arrangement with a gestational carrier must enter into a valid ‘Surrogacy Arrangement Agreement.’ Certain pre-conditions apply to these agreements:
The surrogate origin mother must be at least 25 years of age and have previously given labor to a child;
The agreement must be in writing and approved by all related parties;
The parties must indicate that they have spoken to a counselor and received legal advice from a solicitor at least three months before signing the agreement.
The parties must obtain advice from a lawyer before entering into a surrogacy arrangement and on for a Parentage Order.
A lawyer must not guide both the birth mother and the couple seeking surrogacy arrangements, as this amounts to a clash of interest;
The parties must medically verify to determine that they can be parents to a child born to a surrogate. It should be remarked that Australia expressly excludes age as a valid reason to prohibit a person from attempting the care of a surrogate child.
The Reproductive Technology Council must approve the agreement between the parties.
This authorization must be in place before the birth mother becomes pregnant, or the contract will be invalid. The parties may expect additional criteria if a fertility clinic is involved.
Pros and Cons of Surrogacy: Intended Parent (s)
Benefits of surrogacy
It will build your family.
This is not just a pro, but the reason for surrogacy in the first place! Not all parents can hold a baby on their own. However, with fertility procedures and surrogacy, it is possible to bring new life to your family.
Surrogacy allows a genetic link.
Many parents are drawn to the substitution option because of one major factor: it allows their child to be a genetic parent. While this isn’t always an option – some parents also use sperm and egg donors – it’s a draw for many.
You are involved every step of the way.
With surrogacy, future parents can communicate with their surrogate mother, attend doctor’s appointments and be present for the birth. It’s a reassuring and exciting way to stay involved and makes the transition to baby easier.
The process is simple.
At this point, surrogacy is a well-known and considered family-building option that the pros have at a science. There will be contracts to sign and lawyers to work with, which will protect both your family and your surrogate. It’s a very streamlined method, and your agency will help you navigate it.
It works!
The process of selecting a substitute is extensive. The one you choose will be healthy and has given birth to children. This allows for a smoother experience with much higher success rates!
Disadvantages of surrogacy
It can be expensive.
Surrogacy is not free. There are many costs to keep in mind when embarking on this journey, from legal fees to the cost of the actual IVF procedure and everything in between. However, agencies like Extraordinary Conceptions work with Intended Parents.
Logistics can be overwhelming.
Although the surrogacy process is well organized, it can be overwhelming for some. Working with lawyers, healthcare professionals, and a surrogate mother herself can be very difficult for some. That’s why agencies like Extraordinary Conceptions are sure to provide resources for expectant parents. We are in your corner!
There are emotional complexities.
Fertility and family planning are emotional topics and can bring all kinds of feelings to the fore. During your surrogacy journey, there may be some emotionally challenging times, conversations, and decisions to be made.
Different forms of surrogacy
In what is known as gestational surrogacy, the intended child is also the genetic child of the couple. The future mother has an egg removed, fertilized by her partner in the laboratory, and then inserted into the surrogate mother’s uterus. The child is, therefore, not related to the woman who gives birth to it. But there is another form of surrogacy: If the future mother cannot contribute an egg, the surrogate mother usually donates an egg herself, fertilized with the prospective father’s sperm, or, more rarely, a stranger. In this case, she is the birth mother but gives the child to his father and partner.
What is commercial surrogacy in Australia?
We speak of commercial surrogacy in Australia when the future parents pay the surrogate mother directly for her services. In this case, the surrogate receives more than the expenses she incurred. However, you should know that this practice is restricted to the country.
Surrogacy is handled differently around the world. In some countries, like Germany, surrogacy is not legally allowed. In other countries, however, such as Australia, it is honestly the surrogacy laws in Australia. But only if the surrogate mother is not paid for her services. Such surrogacy is known as altruistic surrogacy. The surrogate mother offers her body voluntarily and for selfless motives. In Ukraine, some US states, and other countries, not only generous but also commercial surrogacy is allowed. With this, the surrogate mother is financially rewarded for her pregnancy.
How much does surrogacy cost in Australia?
You can predict that surrogacy in Australia will cost anywhere from $15,000 to over $100,000. The primary variable is the cost of fertility treatment, which will depend on what sort of treatment you need, the success of any treatment, and when the surrogate is pregnant.
How are the surrogate mothers?
The surrogate mother’s situation has only been scientifically investigated in relatively few cases. According to these few studies, most women are altruistically motivated even when paid to conceive. Most did not suffer from handing over the child. Some stayed in contact with the new family for years. But some women found it difficult to let go of the child after birth. For some, giving the child away was painful even a year later.
Whether you are prepared to start a family or help someone else achieve their dreams, your friends at Aylward Game Solicitors are here to guide you through the surrogacy process and provide you with an enjoyable experience. We are always available to accompany you during this sensational time. Get in touch with us today, and we’ll resolve your questions and help you start a new chapter in your family life. Aylward Game Solicitors lawyers will ensure that all parties understand the law and are on the same page. It’s about ensuring everyone shares the same vision, and that [the surrogate mother] has a positive experience. “You may also have a counselor on your team who will prepare you for the financial implications of surrogacy. His advice will allow you to adapt your plan along the way.
Whether you want to start a business or are already operating one, having a Brisbane law firm you can count on could prove to be your business’s best friend. It doesn’t matter whether you’re a sole trader, a partnership or a company, every business has legalities to deal with and will often require advice and mediation from a business law specialist.
Without a Plan You Plan To Fail
We’re not talking about a regular business plan here, although you should definitely have that in place as well, but rather the legal side of the business and helping to establish your business entity.
Your Brisbane legal advisor can help you get started, as well as plan for your success and avoid the many common legal pitfalls that can ultimately bring a new or established business undone.
Also, things can become increasingly more complicated when your business expands and you need to hire employees, or even change your business structure. Obtaining capital to finance the expansion of your business is also vital to success and it’s wise to consult your business lawyers when planning any major changes. This way you can be assured of doing everything correctly and on the right side of the law.
Businesses vary, as do business owners, so you need to engage with a law firm that not only specializes in business law but are also flexible in their approach and understanding of the different needs and requirements of their clients.
Give Yourself Peace of Mind
Starting or running a business can be hard enough without having to try and navigate your way through all the legal requirements associated with it. That’s why it’s best to take that load off your mind and delegate it to professionals, leaving you free to do what you do best – Focus on running and growing your business.
If you try to be a master of everything and do everything yourself, you’ll simply burn out and risk losing your business altogether, and that’s not a result anybody wants.
Aylward Game Solicitors – Your Business Law Experts – Business Lawyers
Whether you are planning to start a business or company, looking to franchise, need contracts drawn up, need a lease negotiated,commercial litigation or a whole host of other business-related legal services, you can count on the business law professionals at Aylward Game Solicitors in Brisbane, Gold Coast and Sunshine Coast. So get in touch today. Find a business lawyers near me.
Franchising, when done right, can be one of the best ways to expand your business. In fact, you can even build a business empire with the franchising method. You only need to look at places like McDonald’s as a prime example of a mega-successful franchise.
That being said, not every type of business is suitable for franchising. So if you’re considering franchising your business, here are a few key points to look at first.
Can Your Business Be Cloned?
Can your particular business model easily be replicated? Some businesses are so specific, or so dependent on the owner, that they cannot easily be cloned. In other words, would someone readily be able to copy your business and run it successfully without needing you involved in day-to-day operations?
Ideally, your business should be structured in such a way that it’s simply a matter of following a proven system for the new franchise owner.
Can Your Business Be Replicated In Other Areas?
Is it likely that your business could work just as well in another location? In other words, are there any special or specific reasons why it works so well in its original location that maybe won’t be transferable to other locations?
Will Laws In Other States Have Implications On Your Franchise?
Every Australian state has different laws when it comes to governing businesses, so you’ll need to check that your business model is compliant with laws in other states, if the plan is to expand interstate.
Can You Easily Prove That Your Business Is Profitable?
No one is going to be interested in buying into a franchise for a business model that doesn’t have the runs on the board, or the paperwork is so sporadic and disorganised that its profitability is hard to prove.
Your business also needs a track record of longevity. You can’t start something up and then expect to successfully franchise the idea two months later. Wait until your business has been running profitably for at least a few years before attempting the franchise model.
Talk To An Expert Business Lawyer About Franchising
Franchising is as much about legalities as it is about business, so it’s best to discuss your options with a solicitor who is trained to understand the franchising model.
In Brisbane, Gold Coast and Sunshine Coast, talk to the experienced team at Aylward Game Solicitors about your options, and whether it’s a viable course of action for your business.
When you go into business, you have the option of either being a sole trader or entering into a business partnership. There is also the option of starting up a company, and in this post, we’ll look at a couple of key advantages as to why setup a company might be the best idea.
What Exactly Is Setup a Company?
When you start a company, it’s a legal entity all on its own, separate from the individuals running the company. With a business, you are the business. With a company, the company is the business.
Companies can also own property, and companies can also be sued, just like a person.
Public companies are listed on the stock exchange and are made up of individual public shareholders. Private companies don’t distribute shares to the general public and cannot raise funds through share offerings.
Smaller businesses tend to operate as private companies.
So Why Establish a Company?
There are many reasons why you might decide to go the company route over being a sole trader or partnership. Let’s look at some of the top reasons and advantages.
Payless Tax – This is one of the most attractive qualities a company has to offer. Who doesn’t get excited over the prospect of paying less tax? Overall the tax rate will work out lower than if you were running a regular business. The company tax rate is set at 30% on profits, so when you receive dividends, you will often receive tax credits.
Limited Liability – Also a huge advantage when running a company. In a nutshell, this means that individual shareholders are not liable for the companies debts in most instances, and therefore cannot have their personal assets seized in order to cover those debts.
More Control – Those who own the business are the shareholders in the company, whereas those you appoint as the managers and directors of the business are separate from the company’s shareholders, and therefore don’t own a part of the company.
Company Jurisdiction – Once your company has been registered in one Australian state, provided your company number appears on all paperwork, you are free to conduct business all across the nation.