What is collaborative law?
Quite simply, this involves collaboration between lawyers, financial planners, accountants and other appropriate advisors with regard to your overall future planning needs, including superannuation, estate planning, wills and trusts.
As a team, Farrar Gesini Dunn and your chosen advisors then address those needs through the most appropriate mechanisms and make sure proper strategies are developed.
In a straightforward matter it might be as simple as a meeting between you, Farrar Gesini Dunn and your financial advisor. In more complex cases, such as blended family arrangements, it might involve ongoing activity between a team of advisors.
For example, blended families often provide complex challenges with regard to minimising potential conflict that may arise from family provision claims. A collaborative law approach helps ensure that the estate plan is assessed from a variety of perspectives, that all relevant family members are considered and consulted and that they understand the ramifications of decisions relating to the plan. Everybody benefits from an informed position, and the risk of future claims is alleviated.
Regardless of the nature of the matter, the objective is always the same—to allow you to control your estate planning matters with maximum efficiency and minimum worry.