News

Common misconceptions about estate planning

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...
6 July, 2021

Windfalls and family law property settlements

The steps involved in determining how property is divided after the breakdown of a relationship generally include: identifying the assets, liabilities and financial resources of the parties; assessing the parties’ financial and non-financial contributions to...
11 May, 2021

Making a Will if capacity is in question

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...
11 May, 2021

Death and superannuation benefits

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...
11 May, 2021

The process of obtaining probate

Probate is a grant made by a Court that ‘proves’ the validity of a Will of a deceased person and vests title to the deceased estate assets in the executor/s. This is the official process that allows the executor to deal with the deceased’s estate. As the legal...
23 March, 2021

Bankruptcy and family law proceedings

Dividing property after partners separate is generally stressful, with each party concerned about his or her financial future. The bankruptcy of one party adds a further dimension of complexity to a family law property settlement. Even partners whose relationship is...
23 March, 2021

Replacing Appointors and Guardians of Discretionary Trusts

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...
23 February, 2021