When someone dies without a Will they are said to die ‘intestate’ and the law determines who will inherit the deceased person’s estate. Usually, an application for letters of administration in New South Wales will be made with the Supreme Court before the estate can...
Individuals often invest in property as part of their retirement planning, and pay stamp duty at the time of purchase. Subsequently, they establish an SMSF and wish to transfer the property from their personal names to their SMSF for tax reasons. This can be done in...
Many people underestimate the importance of appointing an enduring guardian. What is enduring guardianship in NSW? An enduring guardian can make certain lifestyle, health and medical decisions on your behalf if you are incapacitated and cannot make those decisions...
Estate planning is an important process used to protect your legacy, ensure the execution of your wishes after you die, and help provide clarity for your family during times of uncertainty. As such, an estate plan typically involves more than signing a Will and...
Can an Enduring Power of Attorney change a Will? No, a Power of Attorney or Enduring Power of Attorney does not change the provisions of a Will. A general Power of Attorney will cease to have effect if the person making the appointment loses capacity, and both general...
A valid Will determines how your estate is dealt with after you die. Your Will can appoint an appropriate family member or trusted friend to administer your estate (your executor), nominate guardians for young children, determine who will receive your assets and give...
