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Estate Planning

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 and Jane are in their early fifties and have three children aged 26, 21 and 13. They have a Will which makes equal provision for the three children.

The...

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Taking short cuts does not achieve a good Will...

careful consideration by you and an Estate Planning and Complex Wills specialist will We have all had the experience of having to paint a room, a shed, a cupboard or a house. There are any number of short cuts:
• Don’t prepare the surface properly (it’s too hard);
• Buy cheap paint;
...

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An Estate Planning and Complex Wills specialist can make sure your Will is fair

Patrick and Jane are in their early fifties and have three children aged 26, 21 and 13. They have a Will which makes equal provision for the three children. The eldest child Charles is a qualified accountant. He has just graduated from university. He is in full-time employment earning $50,000.00 per year. The middle child Anne is a...

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Your Will should be drafted by a solicitor who specialises in estate planning...

and drafting complex wills…because if you get your Will wrong it could cost your family dearly George and Mildred owned a house at Charlestown. They attended their solicitor to have their Wills drafted. The solicitor didn’t find out enough about George and Mildred’s circumstances to be able to properly recommend the...

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Trying to fairly look after people in your Will it pays to really understand what you do & don't own

Recently I saw the sad consequences of someone not dealing properly in their Will with their jointly owned real estate. I think most people these days are aware that you can own real estate with someone else in two ways – as a joint tenant, or as a tenant in common. Most people are probably also aware that if you own real estate as...

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