Once you have made a decision to make your will, make sure you get everything finalised as quickly as possible. Here’s a timely reminder as to why it’s so important to get your Will finalised before it’s too late. In Small v Phillips (No 2) [2019] NSWCA 268 The Supreme Court released the following judgement:Read more
Despite popular beliefs to the contrary, did you know that your superannuation death benefits do not automatically form an asset of your estate when you die? This means that, potentially, one of your most valuable assets is not dealt with under the terms of your will (even if you refer to it in your will).Read more
When we think about our estate planning, we often think that a will is sufficient. Without understating the importance of a well drafted will, I cannot overstate to the importance of planning for the possibility of incapacity. In this regard, it is my view that an Appointment of Enduring Guardian and an Enduring Power ofRead more
The link below is to an interesting article on a Family Provision Claim in Perth recently: http://www.perthnow.com.au/news/opinion/tom-percy-courts-decision-to-award-25-million-payout-to-olivia-mead-is-unsurprising-given-colossal-1bn-estate/story-fnhocuug-1227242851770 Read more
Planning for the afterlife It may seem a fairly straight forward topic but your will is important as it helps guide the way you leave your estate. For example, who will look after your children if you die before they can look after themselves, who do you want to carry out any last wishes youRead more