PET HATES IN VILLAGES
Most Entry documents for retirement villages, manufactured home parks and lifestyle resorts (“villages”) will have clauses dealing with visitors and pets. Some people love pets, others tolerate them, others despise them (the same can be said about visitors). The usual...
THE FEELING’S MUTUAL
Generally, a Will is done reflecting the wishes of just one person. It is possible, however, that two people prepare “Mutual Wills” – that is, Wills which contain agreements. Mutual Wills are sometimes used where spouses have children to earlier relationships and they...
WHEN YOUR NUMBERS ARE UP !
Courts are often required to consider the construction of the terms of a Will. An interesting case arose out of the following: a. Lajos purchased a lotto ticket; b. Lajos was the first division winner of almost $2 million; c. sadly, Lajos died the day after the draw....
WHAT HAPPENS AT THE END OF THE ROAD?
Divorce can have a significant financial and emotional impact. It also revokes: your Enduring Power of Attorney (EPOA) to the extent it gives power to your ex-spouse; and your Will to the extent it gives a gift to your ex-spouse or appoints them as executor (unless...
THE MOTHER, THE DAUGHTER, THE DISPUTE AND A NOTE…
In a recent case the Supreme Court had to determine if a handwritten note constituted the Will of the Deceased. Broadly, the background was: The Deceased died, survived only by one child – her daughter; The Deceased and her daughter were very close for many years but...
THAT’S NOT WHAT MY SPOUSE WOULD HAVE WANTED
When Sally’s husband Mike died unexpectedly, Sally’s world was instantly turned upside down. Apart from the devastating personal loss, Sally was confronted with dealing with Mike’s estate - which included the family home and some bank accounts. Mike also had a...
Discretionary Family Trusts
Discretionary family trusts aren’t just for the super wealthy. They are a common asset protection and tax minimisation tool for thousands of Australian families. They often include a long list of potential beneficiaries. It’s probably fair to say, over the years...
DIY – BUT AT WHAT COST ?
I recently did some DIY at home, painting my daughter’s bedroom. The result was okay (as long as you don’t look too closely). Unfortunately, when it comes to DIY Wills, people do look closely. A Queensland Case from late 2023, Re Chambers, is yet another example of...
TALKIN”BOUT MY GENERATION…BEING SKIPPED
With the aging population, it is more common to assist clients in their 80’s or 90’s with a new Will. It is not uncommon to receive instructions from older clients to skip their children as beneficiaries and make the grandchildren beneficiaries instead. Recently, the...
FOR YOUR PAINS, TROUBLE & INCONVENIENCE…
Have you accepted the role of Executor of a deceased person’s estate? Depending on the nature, size and value of the assets within the estate, you might quickly learn the role can be quite complex. It can involve a significant amount of time and effort in: Identifying...