In summary – Be sure to consider the ownership of estate and non-estate assets. Estate planning is how you ensure that your assets are distributed or passed on in a way that you want following your death. It also involves the implementation of documents during your lifetime that allow others to make decisions on your behalf when you […]
In summary – all businesses should prepare for ownership transfers. On the “dos and don’ts” of managing a family business, there is an unlimited supply of material online. Although there is a wide range of advice on this vast subject, business succession planning is a recurring theme. Specifically, why having one is crucial for family businesses and enterprises […]
Your estate planning decisions are among the most crucial ones you will ever make. Your executor plays a fundamental role in carrying out your estate plan. After you pass away, managing your estate can be difficult and time-consuming so you need the right person for the job. You should choose an executor whom you think: Is willing […]
In summary – it is strongly advised to conduct proper estate planning and maintain an up-to-date Will Writing a legally binding Will, selecting qualified executors, and keeping your Will updated as your circumstances change should all be carefully considered. No Will or next of kin? According to recent reports, the state may inherit the $40 million […]
In summary – there is a huge danger if you do not have a Will in place during the time between separation and finalizing a divorce and property settlement. Breakups in relationships are common. A former spouse’s relationship can be in any state, ranging from amiable to hateful and all in between. You should be aware of […]
In summary Undoubtedly difficult and emotional, losing a parent is heartbreaking. Legal issues can frequently cause uncertainty and stress throughout the grieving process. One frequent concern in such circumstances is whether you, as a child or close relative, are entitled to a copy of your deceased parent’s Will. In this blog, we’ll explore the answer to this question, shedding light […]
Debunking 6 Bizarre Estate Planning Myths: Because you need to know the truth! In summary – Irrespective of your situation, having an estate plan is essential. Many individuals are unaware of the necessity of having an up-to-date estate plan and addressing aspects like superannuation that fall outside the scope of a Will. Some aren’t even aware […]
Contesting A Will – What information am I required to release? Are thinking about challenging a will with a Family Provision Claim (FPC)? Rest assured that your lawyer can assess and prepare your case, but what information do they need? This article will provide an overview of the details required for an applicant to bring an FPC. Setting […]