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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What if I don’t want my children to receive a share of my estate until they reach a certain age?
This is a particularly complex area of Will drafting. Certain wording can mean your children receive an “expectant share” in your estate when you die, but only take “possession”...
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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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8 Reasons Why You Should Get a Will
Should I get a Will? Here’s the 8 most compelling reasons why you should make a Will, and keep it current! If you have been putting off making a...
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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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What happens to real property upon death, when it is owned with another person?
Real property can be, for example, a house, land or commercial premises. For the purposes of this article let’s call real property, “property”. There are two ways you can...
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Do you know the effect of divorce or marriage on your Will
Do you know the effect of divorce or marriage on your Will, Power of Attorney and Appointment of Enduring Guardian documents? Your Will and divorce Divorce revokes any benefit...
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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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What are an Executor’s Duties?
An Executor is the person appointed under the terms of a Will to ensure that a deceased person’s wishes are carried out in accordance with their Will. An executor’s...
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