A Guide to Executors, Beneficiaries, Minor Beneficiaries, and Guardians Planning for the future is a crucial aspect of ensuring your family’s well-being and securing their future. In this blog we’ll delve into the key individuals involved in a Will, shedding light on their roles and responsibilities. From executors to beneficiaries, minor beneficiaries, and guardians, …
If you haven’t yet put your will in place, you might be wondering if it’s really necessary. After all, life can be unpredictable, and thinking about wills can feel daunting. However, getting your will in place now is crucial for several reasons. In this blog, we’ll discuss the importance of having a will and provide …
Why You Should Get Your Will in Place Now: A Sample Will in NSW Read More »
When a loved one passes away, the executor of their Will is responsible for managing their estate and carrying out their wishes as outlined in their Will. The specific duties of an executor can vary depending on the complexity of the estate, but we have outlined the common tasks executors will need to do when …
What does an executor need to do when a loved one dies? Read More »
Can you set and forget your Will and estate planning documents? Coz really, once they’re done they’re done right? We have seen many a Will that was put in place by persons who have now passed away and we have effectively looked after their estate, obtained Probate, and carried out their wishes for their loved …
Most Australians are savvy about what Wills are and what Wills are for – in a nutshell, Wills dictate what happens to your assets and are used after you die. What we as Australians seem to be less well informed about is why we need a Will (my spouse or kids will just sort it …
Australian Wills: what happens if you own international assets? When getting your Will sorted, one of the first questions you’ll get asked by your lawyer are ‘what assets do you own?’ and ‘how do you own them?’ While your Australian Will covers all of your Australian assets, if you have assets overseas it’s important to …
Executors are those chosen people who have been named in a Will as being in charge of looking after a deceased estate. Those duties can be considerable and will often include retaining a lawyer for estate legal advice and to apply for Probate, paying bills, communicating with beneficiaries, securing estate assets, compiling and collating estate …
Executor costs: who pays for costs in deceased estates? Read More »
We’re often asked by clients about getting testamentary trust wills. Some clients have been advised by their financial advisers to get testamentary trust wills in place but don’t have a solid understanding of what they are and what they do that a basic will doesn’t. Others have heard of testamentary trust wills because their good …
With the property market booming, there are many prospective purchasers out there falling in love with properties. One of the first questions we ask when seeing a new purchaser client – have you got your finance sorted? It is particularly important in this current sellers market for purchasers to be in a position where they …
Conveyancing: when do you need finance approval when buying a property? Read More »
Most of us are familiar with the concept of beneficiaries receiving an inheritance in a deceased estate. In the movie industry this would usually involve getting a call from a lawyer telling you that you have inherited a (haunted) castle from your long lost relative – along with all their other worldly goods – …but …
What are the rights of beneficiaries in a deceased estate? Read More »
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