Succession and Estate Planning: Your New Years Resolution
Christmas is a good time of the year to reflect upon family succession and estate planning. A family discussion about proposed succession of the family business can often help to clarify intentions and assist in reaching consensus about expectations and plans moving...
Business Succession Plans And Shareholders Agreements
Business succession planning involves simply that- planning for transition of the ownership or management of a business at the appropriate time. This is not always at the death of a proprietor, as most people would like to retire from business before that! Business...
Estate Planning for every Generation
Gen Z , Gen X & Baby Boomers- Proper Planning has something for everyone Whether you are Generation Z, a baby boomer or anywhere in between - Estate Planning and documenting arrangements is equally as important at any age. Let’s put this into perspective… Gen Z...
Q & A on Testamentary Trusts
Q. I have heard of some people having Wills that include testamentary trusts. What are they? A. A testamentary trust is simply a trust that is established through a Will. There are many different types of trusts that arise in Wills: from a simple trust where funds are...
10 Common Misconceptions with Estate Planning
10 Common Misconceptions with Estate Planning
Power of Attorney- What Restrictions Apply?
A Power of Attorney is generally appointed to manage a donor’s financial affairs at some point during their lifetime. Typically, this is in the event of the donor’s loss of legal capacity. Not sure what restrictions apply? Let our experienced Adelaide lawyers explain...
Family Trusts
Family Trusts - What are they? As experienced family lawyers, we often get asked about family trusts and setting them up. There are many types of trusts and the word “trust” is often used in different contexts, resulting in understandable confusion. A trust is simply...
Challenging a Will
It is often difficult for people to accept that it is possible for their will to be contested. There are a number of ways when this might occur, including if: -The testamentary capacity of the will maker is questionable, for example where they may have been suffering...
Probate and Letters of Administration: What Is It?
So you have been named as an executor of a Will. Among various other duties including arranging funerals and dealing with assets and debts, you may need to obtain a grant of probate. Probate is, put simply, an order of the Supreme Court formally recognising the...
More About Digital Assets
Do you have a computer or smart phone or other connected device? Do you use online internet connected services – bank accounts, email, other payment services? It would be hard not to. Want to start a conversation about your digital assets and your wishes as to what...