Choosing the right executor for your will is a crucial decision that can significantly impact the smooth administration of your estate and the well-being of your loved ones. The administration of a deceased estate is usually a complex and emotionally charged process....
In South Australia, a Power of Attorney (POA) grants someone the authority to make decisions on your behalf regarding financial and legal matters while you are alive. It can come into affect immediately or it can be deferred in its operation to a later time or trigger...
Most people are aware that a valid will determines how their assets are dealt with after they are gone. Wills generally provide for the appointment of a trusted executor or executors and for gifts to chosen beneficiaries. They may also appoint testamentary guardians...
A Financial Agreement can be an effective tool for couples in managing their estate planning. Financial Agreements allow couples to pre-determine what they quantify as a fair distribution of their property and financial resources, in the event of a relationship...
Most of us appreciate the importance of making a Will and having an estate plan that sets out how we would like to provide for our loved ones when we die. If, like many Australians, you belong to a blended family, there are additional considerations when planning for...
Have you been appointed as an executor of a Will? Before administering the estate, you should understand that this role involves risks such as personal liability for the expenses of administering the estate. You also should be aware that you may be entitled to...