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Jointly Owned Assets

Jointly Owned Assets & Death

October 1, 2018

Many people are surprised to learn that assets held jointly with another person usually do not form part of their estate when they pass away. In fact, some surprising things can happen with jointly owned assets which you may not be aware of. Let’s take a look at some of the more common ones. Real…

Cooling Off Period

Cooling Off Periods

September 10, 2018

Purchasing a property is a big deal! Finding the right property that meets your needs and desires can be difficult. When you think you have found the right property and have signed the contract of sale, it could be comforting to know that you have a cooling off period. Section 31 of the Sale of…

Overseas Assets and Australian Wills

Overseas Assets and Australian Wills

August 27, 2018

With such a multicultural population, it is not uncommon for us to meet with clients who have assets in overseas countries, whether that be real estate, bank accounts or superannuation funds. But does their Australian Will cover these assets? The default answer is generally no – unless the foreign country where those assets are held…

Free Seminar for Financial Planners 5 Sept 2018

Free Seminar for Financial Planners:

5 September 2018!

August 9, 2018

If you’re a Financial Planner, you’re invited to a free seminar! Join us on 5 September 2018 for lunch and to hear Jessica Amberley discuss topics like: Testamentary Trusts and Asset Protection – Bloodline and 3G trusts – How good is the protection? – Additional strategies   Tricky Gifts – Overseas assets – Digital assets…

Voluntary Assisted Dying - Euthanasia in Victoria

Voluntary Assisted Dying – Euthanasia in Victoria

July 30, 2018

In 2017, the Victorian government introduced the Voluntary Assisted Dying Bill 2017 (Vic), which will come into effect in 2019. The purpose of this bill is to regulate and facilitate the process by which Victorians could be permitted to make informed decisions regarding their own end of life choices. ‘Voluntary Assisted Dying’ (VAD) means ‘the…

Advance Care Directive Values Directive Lawyers Melbourne

Advance Care Directives – Part 3 – Values Directives

July 26, 2018

In an Advance Care Directive you are able to include Values Directives and Instructional Directives to provide your Medical Treatment Decision Maker with guidelines on what you would like to happen should you lose capacity and are unable to make medical decisions on your own. What is a Values Directive? A values directive is a…

advance care directive instructional directive medical treatment decision maker

Advance Care Directive – Part 2 – Instructional Directives

July 12, 2018

In Advance Care Directives you are able to include Values Directives and Instructional Directives to provide your Medical Treatment Decision Maker with guidelines on what you would like to happen should you lose capacity and are unable to make medical decisions on your own. An Instructional directive should only be completed if you know exactly…

advance care directive appointment of medical treatment decision maker

Advance Care Directive – Part 1

July 2, 2018

On 12 March 2018 the laws in relation to Medical Powers of Attorney changed. To help you understand the changes, we will be writing a 3 part article series – welcome to Part 1! The main changes to the legislation were: They are no longer referred to as Medical Powers of Attorney but instead Appointment…

Effect of Marriage or Divorce on Will

The effect of marriage and divorce on a Will

June 26, 2018

Life changes often mean you need to update your Will, and marriage and divorce are no exceptions. What is the effect of marriage on my Will? In most cases your marriage will revoke your Will, meaning that you would no longer have a valid Will in place once you are married. There are some clauses…

Duties of an executor Legal Essentials Will Lawyers Melbourne

Duties of an Executor

June 12, 2018

The Executor of your Will is the person appointed by you who becomes responsible in carrying out the terms of your Will and your wishes. Choosing who to appoint as your Executor is not an easy task. The duties of an Executor can be time-consuming and at times confusing. This is especially true for family…