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Will my Australian Will work for my assets overseas?

Many people have a connection to overseas jurisdictions. That can be through birth overseas or holding assets in other jurisdictions. It might even be through being a beneficiary of a foreign trust. A will made in Australia can be valid overseas, but its effectiveness...

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We cannot find our family trust deed- Does it matter?

Unfortunately yes it can. Losing the deed of a family trust can lead to significant legal and operational challenges, as the trust deed is the foundational document that governs the trust's operations, specifies its beneficiaries, and sets out the trustee’s rights and...

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Retirement Village Agreement- To Get Reviewed or Not?

You have made the decision. You are going to enter into a retirement village. The nice people at the Village have given you an agreement to look at together with a bundle of other documents. The documents suggest getting them reviewed by your solicitor. Should you...

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Binding Financial Agreements to protect family assets

We have talked previously about how the “Bank of Mum and Dad” is an increasing necessity in Australia for parents to enable their children to enter the property market. There is a risk however when parents advance a large amount of their family wealth to their...

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Problems with the “Bank of Mum and Dad”

We have written before about the “Bank of Mum and Dad” which is a colloquial expression referring to parents (or grandparents) providing financial support to adult children, often to help them to make a start to get on to the property ladder.  Such support can come in...

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What’s New in Succession Law in South Australia?

Often people making wills ask if they can leave particular people out? Those queries regularly relate to former spouses and step-children. The law currently provides for certain eligible persons to make a claim for provision, or further provision, from a deceased...

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Choosing the right executor for your Will

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....

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