Turnbull Hill Lawyers

Wills

Do you know the difference between a Power of Attorney & an Enduring Guardian?

POWER OF ATTORNEY

What is a Power of Attorney?

A Power of Attorney enables you to appoint a person (or people) to be your “attorney”.

What can my Attorney do?

Your attorney can manage your assets for you and can do anything on your behalf that you can lawfully...

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 hold property with another person, ie. Joint Tenants or Tenants in Common. How you are described on the Title Deed with that...

Do you know the affect of divorce or marriage on your Will...

...Power of Attorney and Appointment of Enduring Guardian documents?

Your Will and divorce

Divorce revokes any benefit to your former spouse and also the appointment of your former spouse as your executor, trustee or guardian. Divorce does not, however, revoke an appointment of your former spouse...

If you do not nominate a beneficiary to receive the proceeds of your life insurance...

then it will be distributed in accordance with the terms of your Will.

You may not be aware of this but the proceeds of your life insurance policy will not be distributed in accordance with the terms of your Will if you have nominated a beneficiary of the life insurance policy.

When you take out a Life...

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 duties include: making funeral arrangements; identifying the deceased’s assets and ensuring their security; identifying any debts including any tax payable;...

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Have you been left out of a Will, or not properly provided for? Is the Will legally binding, can you Challenge the Will?

Wills

Do you know the difference between a Power of Attorney & an Enduring Guardian?

What happens to real property upon death, when it is owned with another person?

Do you know the affect of divorce or marriage on your Will...

If you do not nominate a beneficiary to receive the proceeds of your life insurance...

What are an Executor's Duties?