Wills & Estates Practice Area: Survivorship Application

The Wills & Estates practice area in New Zealand focuses on helping people manage their assets and make plans for what happens after they pass away. One important part of this area is the Survivorship Application.

What is a Survivorship Application?

A Survivorship Application is a legal process that helps determine who inherits property when someone dies. In New Zealand, if two or more people own a property together and one of them passes away, the law needs to decide what happens to that property.

How Does It Work?

For example, imagine two friends, Sarah and John, own a house together. If Sarah dies, John may need to apply for a Survivorship Application to officially transfer Sarah's share of the house to himself. This process ensures that the ownership is clear and legally recognised.

Why is it Important?

Understanding and managing survivorship is crucial because it helps avoid disputes among family members or friends. It also ensures that the wishes of the deceased are respected. Without a proper application, there could be confusion about who owns the property, leading to potential legal battles.

Who Can Help?

In New Zealand, lawyers who specialise in Wills & Estates can guide you through the Survivorship Application process. They can help you understand the necessary steps, fill out the required forms, and represent you in front of the court if needed.

Conclusion

In summary, the Wills & Estates practice area, particularly the Survivorship Application, is essential for ensuring that property ownership is clear and respected after someone passes away. If you have questions or need assistance, it’s a good idea to consult a legal expert in this field.