This is the fourth in our series of articles on the uncertainties of death. Myth – “I can defeat a challenge to my Will from a family member by making a token gift to them in my Will”. Wrong! If a person challenges your Will, they are seeking an amount from your...Read More
This is the first in our series of articles on the uncertainties of death and busting some common Estate Planning myths. Myth – If I pass away without a Will “everything just goes to my spouse… right?” Wrong! If you die without a Will, you die “intestate”. This...Read More
It is often the case that executors live far and wide and that is usually not an issue in estate administration. Care must, however, be taken before appointing an overseas resident to be the sole executor of an Australian estate. An estate is a trust. The residency...Read More
People are becoming increasingly aware of the importance of having in place a Binding Death Benefit Nomination to dictate who receives their superannuation on death. Your superannuation is not an asset of your estate. The Trustee of your superannuation fund will...Read More
The Supreme Court of New South Wales recently decided a claim made against the estate of Dr. William Garrett. Dr. Garrett was one of Australia’s most outstanding scientists. Among his many achievements, at just 31, he was instrumental in the development of ultrasound...Read More