Posts Tagged ‘wills’
Jointly Owned Assets & Death
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…
Read MoreWhat happens if you die without a Will? Intestacy Laws in Victoria
Should a person die without a valid Will an “intestacy” arises. This means that the deceased’s estate would be distributed as per rules set out in legislation. Some of the downfalls of intestacy include not having control over who benefits from your estate, who administers your estate or who is appointed the guardian of your…
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