Inheriting Property In Australia Inheriting Property in Australia even if you are living in another country is not longer a problem. Times have changed and it is now easier than ever for people to live in countries different from where they were born. This often raises the question of what happens if you are living in … Continue reading Inheriting Property
Wills and Estates
Dependent Support Claims in Contested Wills
What are Dependent Support Claims in Contested Wills in NSW? Dependent Support Claims in Contested Wills, are claims made against a deceased Estate by dependents of the deceased. They are generally made by adults -being either adult children, step children or grandchildren of the deceased under the family provision claim section of the Succession Act. … Continue reading Dependent Support Claims in Contested Wills
Can I Inherit A Larger Share?
Can I Inherit A Larger Share Of My Parents Estate in NSW? Can I inherit a larger share of my parents Estate, I have given up my job to do this, whereas my siblings are still living in their own homes and have full time jobs. Caring for elderly parents can be a full time … Continue reading Can I Inherit A Larger Share?
Talking Wills With Your Parents!
Talking Wills With My Parents in NSW Talking Wills with your parents is an individuals choice. Most families avoid these types of discussions as they can be uncomfortable, but by asking these questions, families can be better prepared when a family member passes and have a better understanding of what their wishes are after they … Continue reading Talking Wills With Your Parents!
Family Provision Claim – What is it?
Who Pays For A Family Provision Claim and What Is It? Family provision claims are claims made by a person against a deceased Estate where they have not been included in the deceased’s Will or when they believe they should have received a greater share of the deceased’s Estate. A family provision claim can only be made by … Continue reading Family Provision Claim – What is it?
Interpretation of Personal Possessions In A Will
What Is The Interpretation of Personal Possessions In A Will? This has long been the subject of court decisions about what is included in “personal possessions” and how they are to be distributed to beneficiaries. A recent case in the New South Wales Supreme Court, Lowe v Lowe [2015], examined the meaning of “personal effects” … Continue reading Interpretation of Personal Possessions In A Will
How does a Testamentary Trust Work?
A Testamentary Trust is a Trust that is set up in your Will to look after your loved ones after you are gone. As a Testamentary Trust is included in your Will it only comes into existence after you die! The way a Testamentary Trust works is that you set up a Trust in your … Continue reading How does a Testamentary Trust Work?
What To Do When A Parent Dies!
What To Do When A Parent Dies in NSW What to do when a parent dies, can be one of the hardest situations to experience. As well as dealing with the loss of a loved one, you may also have to deal and handle the effect of their death, which may include, ensuring that the … Continue reading What To Do When A Parent Dies!
Australian Wills “Catch Clause”
Australian Wills do include a “Catch Clause” and it is generally referred to as a “residuary clause” in a Will. The purpose of including a residuary clause in a Will, is to ensure that any property not mentioned in your Will, is properly disposed of without the risk of a partial intestacy arising. A partial … Continue reading Australian Wills “Catch Clause”
Single Parent Of A Child With Disabilities
I am the single parent of a child with severe disabilities. What can I do in relation to providing for them in my Will? I want to ensure that they are properly taken care of when I am no longer able to. You are not alone in worrying about what will happen to your child … Continue reading Single Parent Of A Child With Disabilities