Is there a discretionary trust deed in your family and/or in which you or members of your family have either a legal or beneficial interest? Was it settled at some …
Planning Ahead – Power of Attorney
While no one expects to lose the capacity to manage their own affairs, many people take comfort from knowing that they have planned ahead and made arrangements for a trusted …
Binding Death Benefit Nomination
Whether you are contributing to a Self-Managed Super Fund (SMSF) or an Industry Super Fund, it is essential that your Binding Death Benefit Nomination (“binding nomination”) be valid! You, as …
Planning Ahead – An Enduring Guardian
While no one expects to lose the capacity to manage their own affairs, many people feel comfort from knowing that they have planned ahead and made arrangements for a trusted …
Protecting your Digital Assets
It is a current trend that most people are now moving away from the world of paper and towards a more digital life, which in turn has created a new …
Are Executors Entitled To Be Paid?
If you’re chosen to be executor of a will, it helps to know when you’re entitled to payment. And if you prepare a will, and wish the executor to receive …
A Gift Halved by Company Taxes
It’s always wise to take legal advice when preparing a will to avoid the risk of your family losing much of the gift. Take, for example, the case of a …
Duties of an Executor
This article outlines some important issues for Executors to consider when administering an estate. The main duties of an Executor may be summarised as follows: to arrange for the proper …
Making a Will
What are Contents of a Will. Firstly, you must chose one or more persons to be nominated as the Executor(s) of your Will. The Executor “stands in the shoes” of …
Make Sure your Death Benefit Nomination is Valid
The deed establishing a superannuation fund usually provides for money to be paid on the death of a member of the fund. However, the death benefit does not form part …
