Baby Boomers and Family Trust Funds In NSW Baby Boomers are setting up Family Trust Funds to help next generation family members but what are the benefits associated with setting up a Trust? Baby Boomers in Australia are in a unique position compared to previous generations, they are home owners in a rising property market, … Continue reading Baby Boomers and Family Trust Funds
Gifting The Family Home In A Will In NSW Gifting the family home in a Will can cause a few red flags, if you don’t have expert advice at the time of making your Will. What if Property is Jointly Owned? Can you gift it to someone in your Will? One of these issues … Continue reading Gifting The Family Home In A Will
How To Leave A Business In A Will In NSW How to leave a business in a Will, is something to be considered earlier rather than later especially if there are multiple assets involved. The first thing to do is to sit down and talk to your family about the options available for the business … Continue reading How To Leave A Business In A Will
Can Sydney Wills Lawyers Help In NSW Can Sydney Wills Lawyers help and take on the case if a lawyer who administered the Estate acted negligently? It is unfortunate but it can happen, a lawyer who is meant to be Administering a Deceased Estate acts negligently in fulfilling their duties. When this occurs the people … Continue reading Can Sydney Wills Lawyers Help?
Family Will Disputes In NSW Family Will Disputes was a recent Current Affair story that highlighted the issues that can happen after you die. Stories about families being torn apart over their inheritance and even worse, stories about how much these disputes cost each family member and how this cost comes out of their inheritance. … Continue reading Family Will Disputes
Main Reasons for Contesting a Will In NSW The main reasons for Contesting a Will of a loved one, can range from being left out of a Will to believing that the deceased did not understand what they were doing when they made their Will or needing the Court to clarify how the Will should … Continue reading Main Reasons For Contesting A Will
Domicile Issues In Contested Wills In NSW Domicile is defined as the country that a person treats as their permanent home or lives in or has a connection with. Where a person is domiciled is an important aspect of Wills and Estates law as it can affect where and how the assets of the deceased … Continue reading Domicile Issues In Contested Wills
Complex Wills and Planning for the Future In NSW Complex Wills and planning for the future is a sign of the times! As families get more complex in their make-up so does Wills and Estates Planning. This is because your Will and your Estate will need to potentially take into account ex partners, step children, … Continue reading Complex Wills and Planning For The Future
Challenging A Will In The Supreme Court In NSW Challenging a Will in the Supreme court will depend on the type of Will Challenge involved. There are a number of avenues to challenge a Will including family provision claims, a lack of testamentary capacity by the Will maker, fraud, undue influence or a need to … Continue reading Challenging A Will In The Supreme Court
What happens when an Estate is insolvent in NSW? Estate is insolvent in NSW when the liabilities of the deceased Estate are greater that the assets of the Estate. When a person dies it is the duty of the Executor named in their Will (or appointed by the Court if the deceased did not leave … Continue reading What Happens When An Estate Is Insolvent?