Blog
Category: Wills & Estate Planning
Should I treat my children equally in my Will? Navigating unequal gifts
There is no particular reason or legal obligation that will require a parent to treat their children equally under their Will. But while the law gives you the freedom to distribute your estate however you wish, unequal gifts can carry consequences, both legal and emotional.
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Can I leave someone $1 in my Will to prevent them making a claim against my estate?
It is a question that often arises during estate planning when trying to manage the risk of a person contesting a Will: "If I leave someone a token amount, like $1, in my Will, does that stop them from contesting it?"
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What makes a Will valid in NSW?
Learn if your NSW Will complies with the formal legal requirements and be considered valid Will, and what specific conditions need to met to achieve this.
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Who is entitled to see a Will in NSW?
In New South Wales, the right to access/view a deceased person's Will is governed by the Succession Act 2006 (NSW). This legislation outlines who is entitled to inspect or obtain a copy of a Will after the testator's death.
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Defending a Will against a Family Provision Claim in New South Wales
In New South Wales, the Succession Act 2006 (NSW) allows certain individuals to challenge a Will if they believe they have not been adequately provided for. These challenges, known as Family Provision Claims, can be emotionally taxing and legally complex.
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How long does probate take in NSW?
As executors are often new to the probate process, it’s a common for them to ask how long the probate process takes. In this blog, we look at timeframes, application requirements and what can cause delays.
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What happens to your business when you pass away?
For many business owners, your business isn’t just a livelihood - it’s a legacy. But what happens to that legacy when you're no longer around to lead it?
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Who has the right to make decisions about a deceased's body?
Understanding who holds the legal right to make decisions about what happens to the body of a deceased person is essential for ensuring the deceased's wishes are respected and avoiding disputes during an already difficult time.
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Advantages of professional advice when making a Binding Death Benefit Nomination
When considering a Binding Death Benefit Nomination, professional advice can be valuable to ensure the nomination is valid, complies with relevant legislation, and fits within your broader financial and estate planning strategy.
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Risks of choosing the wrong attorney for Your Power of Attorney
Choosing the right attorney under a Power of Attorney is one of the most important decisions you’ll make for your financial and legal well-being. Understanding the risks can help you make a more informed decision and avoid potentially devastating outcomes.
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Who should you appoint as your Attorney in a Power of Attorney?
When preparing a Power of Attorney, one of the most important decisions you will make is choosing who you want to act as your attorney. The attorney named in a Power of Attorney will have significant control over your financial affairs if you become unable to manage them yourself. It’s a decision that should be made with careful consideration.
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Estate planning and blended families
Blended families are becoming more common in today’s world and take various forms. With this comes the need to consider how your estate planning needs should be addressed taking into account your specific circumstances.
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