There has been a recent research project undertaken by three (3) Australian Universities and involving the Public Trustee in a majority of the states and territories. The full report is …
What is a Power of Attorney?
While no one ever expects to lose the capacity to manage their own affairs, many people receive comfort from knowing that they have planned ahead, and made arrangements for a …
Vesting dates for Discretionary Trusts
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 …