What are the effects of marriage, separation and divorce on your Will and Power of Attorney? In this blog, we explain why seeking appropriate legal advice is essential during this significant time in your life.
Anyone making a will who also has children needs to consider guardianship and how they will be provided for in this important legal document.
How you wish your child to be raised after your passing can be detailed in a ‘Statement of Wishes’ that accompanies your will.
One of the most unseemly things that can occur after a loved one passes away is a family squabble about the terms of the deceased’s will.
There are many reasons why someone who expected to be provided for in a deceased person’s will might be left out.
Important legislative changes in Queensland came into force from 30 November 2020.
A Family Provision Claim (FPA) refers to a claim which a person can make against a deceased estate if they have been left out of a will or have not received sufficient for what is described by the law as their “proper maintenance and support”.
In short, this will depend on whether you plan ahead. You can decide in advance who can make decisions for you by preparing a legal document known as an Enduring Power of Attorney (“EPA”).
A good succession plan has the following characteristics: (1) It must be tailored. Each person and every family is different. A succession plan must be tailored to your specific circumstances.
A number of our clients have recently received a letter from the ATO asking them about the soundness of their investment strategy.
Many people are unaware that if and when they die, the superannuation amount they leave behind is not treated as part of their overall estate.
When a couple decides to separate there are usually a lot of things to attend to at what is a very trying time. Working out where to live, how childcare arrangements will work, and what steps need to be taken to ‘uncouple’ other areas of your life are all time-consuming priorities to sort out.
From the age of 18, having a will should be considered a serious priority for everyone. A will is a crucial document not only for its owner, but for all of that person’s family and friends.
An unfortunate but sometimes inevitable consequence of preparing your Will is that your loved ones start squabbling over who gets what once you die. But apart from family, many people also prefer to leave some or…
Separation or divorce is an unfortunate but common reality for many people. While we commonly assist people with queries about parenting arrangements (formerly known as “child custody” and “visitation”)…
For years, legal and financial professionals have stressed the importance of proper estate planning. We’re told that creating a will and taking all of the associated steps is the best way to…
Wills often include provision for beneficiaries to receive their distribution from the estate via a “Testamentary Trust”.
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