It is not every day that we wonder if our children are really our children, but part of the complexity of estate law is that words can take on a variety of meanings. For example, the term children do not take on the same definition in succession law as everyday use. Further, the term issue […]
A Will allows you to gift your property to the people or organisations you choose. However, a common assumption is a valid Will cannot be challenged. This is a misconception and a valid Will can still be contested in court. A common way to contest a Will is under Family Provisions legislation. We have mentioned […]
What happens if spouses or family members die at the same time? Our clients often ask this question – what happens if I die at the same time as my spouse or family member? Although it’s not exactly a pleasant thought, the reality is that no-one can predict the future and accidents do happen. That’s why its […]
If your intentions have changed, then YES! It’s vital that you update your Will if you change your mind as to how you want to leave your estate if you pass away. Your testamentary intentions will have changed and this should be reflected on your Will to give your loved ones peace of mind if anything […]
A few questions… Who do you want to inherit your house, jewelry, personal belongings and other assets? Will it be your spouse, parents, children, grandchildren, relatives or friend? Who would you appoint to be in charge of distributing your estate if you’re not around? How will you provide for your loved ones in the event […]
Is it possible to provide for my pets in my Will? Yes, it is! Making a provision for the care of any pets you own is a wise step to take. A Will is a legal document that sets out your final wishes and providing for your loved ones naturally comes to mind when writing one. So […]
We often receive many enquiries about the advantages and disadvantages of appointing the public trustee as an executor and trustee in Wills. In this article we will explore briefly some of those advantages and disadvantages to help you make a decision when it comes time for you to make your Will. In NSW, the public […]
If you are the parent of a child requiring ongoing care as a result of a disability, planning for their care in the event of your death is a major issue. One of the vehicles that can help manage their financial well being is a Special Disability Trust.
Depending on the situation some testators often put restrictions on the disposal of the estate. Some of these restrictions include putting the estate in trust, and for the funds to be released when the beneficiary reaches a certain age. Another example is the provision of a yearly annuity to the beneficiary.