Estate Planning and Enduring Powers of Attorney: what can your attorney really do?
Many Australians operate businesses or hold assets in family discretionary trusts. The trustees of the trust can be individuals or a company. If the trustee is a company, its...
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Company Power of Attorney
Consider this situation… You are the sole shareholder and officer of the company that is your primary business vehicle. You have a Will and it is all up-to-date so...
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Who is included in a gift to your “children” in your Will?
It is common for parents to make provision for their children in their Wills as a group. For example, the Will might be worded: “I give the whole of...
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Unsigned Wills – When Intention is Everything
Generally, for a Will to be valid it needs to be signed by a Willmaker (testator) in the presence of two witnesses, who should also sign at the same...
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Don’t Leave Your Child’s Guardian Out of Pocket
The Cost to Guardians Tim and Tina were killed in a motor vehicle accident. They had 2 children aged 6 and 4. In their Wills they had appointed Tina’s...
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How your family business can most easily be put at risk by non-trading issues
Most family businesses are operated within complex structures such as family trusts or companies… and often a combination of these. Most of these business structures still provide potential tax...
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Having a Will which saves tax
Most people are aware of the importance of having an up-to-date Will which expresses their current wishes in relation to who gets what when they die. In many cases,...
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Parents of disabled children can NOW put in place PROTECTIVE TRUSTS to be used to fund their child’s needs when the parents die
Some good, helpful information… it may be of interest to you or someone you know More and more often our advice is being sought by the parents of disabled...
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Avoid the wreckage
Our litigation solicitors are often engaged in trying to solve problems after the event – a little like carefully picking through the wreckage after a car has gone over...
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Fairness and equality in your Will requires a lot of thought and a well crafted document
Following is an example of how a commonly used term in a Will which on the face of it appears fair, can actually result in very unfair consequences. Patrick...
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