If you expect to receive or own assets in the future, you can cover these off in your will before you actually own the assets. This saves you from...
Before you enter into bankruptcy you should always prepare ahead. With estate planning the main things to consider are: 1. Bankruptcy...
Superannuation proceeds trusts are trusts that segregate super received into an estate upon death. The main reason for this is to avoid death...
There is a case where Administration (similar to probate) was granted about 100 years after the death of a person. The will was dated 1903 and...
One downside of holding assets in a discretionary trust is they aren't part of your estate when you die and so can't end up in a testamentary...
When you have children from a previous relationship and a new spouse, things can be complicated. They will be more complicated if your only asset...
With blended families – such as new spouse and kids with a different spouse – there can be issues when deciding who to leave what in your wills....
Testamentary Discretionary trusts are one of the greatest ‘structures’ out there because the income of the trust can be distributed to minor...
An attorney has great powers which they can abuse. The abuse can be intentional or unintentional. This can lead to a loss of assets and they may...
Life tenancies are not very popular anymore, but they once were, and they are still have their uses. A life tenant is someone who receives a right...
If a person has no will then the intestacy laws will apply. These laws will generally mean the assets pass to the spouse and/or the children. If...
Generally, to be able to contest a will the person would need to have an interest in the estate – present or future. This would mean they would...
Legal Tip 379: Revoking a will Some people make a will but later change their mind and want to ‘cancel’ or revoke it. How do you revoke a...
Some clients ask me if it is necessary to update wills to reflect their new names and new addresses as they move house. Example Lisa Simpson...
Imagine a situation where someone in the family, such uncle Fester, who died say 40 years ago and left the house that he owned in his will to...
When setting up your will it would be a good idea to plan ahead yet. If you don’t have children you may end up having some after the will is...
Many discretionary trusts are drafted in such a way that Beneficiaries will change over time. This will happen where the deed is worded so that...
When a person is to receive a gift from a will, they might die before that gift is received. A parent might die before their parent dies with...
Not too sure what specific category this question is but I'm sure it touches some sort of family law and estate planning. My sisters and I are...
It is a trust that cannot see. Blind trusts have been in the news a bit lately. The concept of a blind trust is that a person, the beneficiary,...
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