An estate plan involves more than signing a Will and leaving it in a safe place. An effective estate plan requires consideration of numerous matters and ongoing review to ensure it reflects your testamentary wishes and covers unexpected events. In this article we look...
It is well known that a Will is a legal document which sets out how a person would like their assets to be distributed once they die. Generally if you are over the age of 18 years, you can make a Will – provided you have the necessary legal capacity to know and...
It is important to understand the interplay of the laws governing superannuation, tax and succession laws when considering your estate planning. Appreciating how these laws interact can help avoid some common pitfalls in estate planning and may have significant impact...
An increasing number of individuals, especially those with complex professional and personal affairs, are using discretionary trusts as part of both their day to day wealth management strategies and also as part of their approach to long term planning. Discretionary...
A Power of Attorney is a legal document authorising a person to act for you and make binding decisions on your behalf during your lifetime. A Power of Attorney is usually prepared: to facilitate and complete transactions when you are unavailable to do so, for example...
All Australian jurisdictions provide statutory rights for eligible persons to contest a Will on the basis that they have not been left what is considered adequate provision by the testator for their proper maintenance, education, and advancement in life. In South...
