Who can I appoint as my executor?
You can appoint whomever you like to be your executor. It can be your spouse, children, friends, brothers, sisters, your accountant, and even your lawyer. You can have more than...
Read MoreHow do you write a will in NSW?
In NSW, Section 6 of the Succession Act (2006) states key criteria that must be met for a will to be considered legally enforceable. In most cases, even if only...
Read MoreWhat is a will?
Your will is a written legal document that you sign, setting out who will be responsible for administering your estate (your executor or executors) and who will receive your assets...
Read MoreWhat are the common mistakes made when trying to protect assets?
Many individuals make errors or hold misconceptions about asset protection, which can lead to unnecessary risks. Missteps such as improperly structuring trusts or failing to seek sound tax and estate...
Read MoreWhat type of trusts can be used to protect assets?
Discretionary trusts, testamentary trusts and other structures can protect assets from claims and provide tax efficiency. Our team can help you choose the right trust arrangement to align with your...
Read MoreCan creditors access my superannuation if I file for bankruptcy?
Superannuation generally offers strong protection from creditors during bankruptcy, as funds are typically shielded up to a certain threshold. However, any amount above this limit may be at risk. It’s...
Read MoreWhy should I be proactive about asset protection?
Being proactive with asset protection can be vital to avoiding significant legal and financial risks. Waiting until a threat arises can leave you exposed, as Australian bankruptcy laws prevent transferring...
Read MoreWhen should I put an asset protection plan in place?
Establishing an asset protection strategy early can help safeguard your wealth before potential risks arise. These strategies are particularly valuable in situations such as:
Read MoreDo I need an asset protection strategy?
If you’re a business owner, have property, investments or intellectual property, or work in a high-risk industry, an asset protection strategy is worth considering. It helps prevent exposure to creditors,...
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