update will
Electronic Witnessing of Wills and Powers of Attorney
Last year was a difficult year for Wills & Estates lawyers. When COVID-19 hit, lawyers had to work from home and could no longer have face-to-face meetings with their clients. A big problem quickly arose, how could our clients sign their Wills in front of two witnesses when they were unable to leave their homes … Read more
Looking After Vulnerable Beneficiaries – Protective Trusts
Whilst there are several options for these beneficiaries depending on your circumstances, one of the most common is to include a Protective Trust in your Will. A Protective Trust is basically having someone else look after your adult child’s money on their behalf- this person is called the Trustee. The Trustee receives the money from … Read more
Guardianship of your children
Something a lot of clients seem to struggle with is naming the guardian of their children, a great way to do it would be to make a list of the following: What are your values? What are your children’s critical needs? What are the logistical preferences? Who are the available people? Once you have listed … Read more
Aged Care, Granny Flats & Estate Planning
If you or a parent are entering Aged Care, it can be overwhelming. Quite apart from the emotional upheaval, the financial implications can be complex, and good quality financial advice is a must. But equally important is making sure you review your estate planning at the same time. You need to make sure your Will … Read more
Overseas Assets and Australian Wills
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 … Read more
Reasons to Update your Will
Already have a Will in place? That’s great! Did you know that there are many life changes that can occur which will result in the need to update your Will? Planning to get married? Just got married? One very important life milestone is marriage. If you have decided to get married since doing your Will … Read more
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