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Tag: Estate Planning

Go to Previous Article – Estate Planning and Financial Agreements If you made a Will during marriage and the marriage has now ended, you should make immediate plans to review your existing Will. If you have divorced, you may find that:- the whole of your Will (if you are in Tasmania or Western Australia); or […]

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Taking the time now to put make an Enduring Power of Attorney or an Appointment of Guardianship in place has many benefits:- Freedom to appoint the person of your choice, whether it be your spouse, family member or friend – you can choose someone who knows, understands and respects your wishes and whom you feel […]

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This series of articles delves into Estate planning and how using a financial agreement as part of that plan financial agreements. Financial Agreements Making a Will What if I don’t have a Will? When should I review my Will? I made a Will prior to marriage.  Will my marriage affect my Will? Contesting a Will […]

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Planning ahead: estate planning considerations for families, blended families and single parents It is undeniable that becoming a parent is a major milestone in most people’s lives. Taking on the responsibility for children can make you think about what would happen if you weren’t around anymore. Contemplating death is not a particularly happy subject but […]

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Recently, Olivia Mead (19) the daughter of mining billionaire, Michael John Maynard Wright, launched a successful challenge to her deceased father’s Will.[1] Ms Mead claimed that as his dependent, she was not left with adequate provision from her late father’s estate. Under “family provision” legislation in each state, a person who is a “dependent”, may […]

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According to a recent study, “an estimated four-fifths of the legal needs of the poor, and the needs of two-to three-fifths of middle-income individuals, remain unmet.“ Recent advances in technology and increased access to the Internet have made it possible for companies other than law firms to deliver document preparation services to these market segments. […]

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Power of Attorney Is when an individual appoints a representative (referred to as an ‘attorney’) for financial matters. Powers of attorney are a simple and effective way to appoint someone to act on your behalf in relation to financial matters if you are unable to attend to such matters yourself. Powers of attorney can be […]

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In the unfortunate event of a death, a Legal Will determines who the deceased’s assets are distributed to and how. An executor is a person appointed with the responsibility of distributing these assets to the beneficiaries of the Will, so it’s important to choose your executor wisely. Below, we’ve collated some of the most common […]

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Have you ever considered how your finances and health affairs will be handled should you lose the capacity to take care of these issues yourself? Do you need to appoint a Power of Attorney? Life is inherently uncertain and most of us are happy to be blissfully ignorant about the real possibility that at some […]

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Earlier this month I had a call from Steve.  He had been speaking with his friend (Jodie) whose business partner had died recently in a motor accident, leaving her and the business in a tricky situation. Jodie and her business partner, Claire, were building a successful fashion label. Claire looked after the finances and marketing, […]

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