What happens if my Power of Attorney abuses that power?
A recent case in NSW highlighted that there are serious ramifications if a person appointed under a Power of Attorney (POA) abuses their power and does not act in...
Read MoreWill Centrelink view using assets from a deceased estate to pay off a mortgage as a gift?
Question from a Client: “My mother was named as executor of my brother’s Will to dispose of assets as she sees fit. She gifted me a large sum to...
Read MoreHow to Avoid Estate Litigation
It is likely not a pleasant activity to think about your death or to make plans for how your belongings and assets should be disposed of after you have...
Read MoreCremation and organ donation… does your family know your wishes?
One of the first things an Executor must do after a person dies is to make arrangements for the funeral, burial or cremation of the deceased person’s body. However,...
Read MoreCourt directs Contested Wills traffic to the Express Lane
THE NSW Supreme Court has recently introduced new rules to simplify deceased estates disputes, with the expectation of these measures to cut costs and finalise Will challenges more rapidly....
Read MoreInheritance Planning: 10 Things to Consider
Inheritance Planning The way in which you divide your Estate and manage your inheritance is very important if you want to secure your family’s financial future. Inheritance Planning is...
Read MoreHow Much Power Have You Given to Your Attorney?
If you have given someone a Power of Attorney you may have given them more power than you realise. In a decision by the NSW Court of Appeal, Taheri...
Read MoreCourt Authorised Wills
Since 1 March 2008 the Supreme Court has been authorised by sections 18 to 26 inclusive of the Succession Act 2006 to make a Will for a person who...
Read MoreThe Effect of Relationships on Asset Retention
We all have close relationships with others. It is part of our humanity. Our parents, children, ourselves will marry, divorce, live with, separate, spend time with, people who are...
Read MoreBanking inactivity can eliminate an estate
In recent news there was a report of a man aged 88 years who died with an estate worth $2.42 million, accumulated from a frugal existence of saving all...
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