Dealing with deceased estates – Executor duties

After a person dies someone has to look after the assets of that person and pay the person’s debts. Although the person is no longer here, his or her affairs must be finalised and the person to finalise the affairs is appointed by the Will of the deceased. Where a person is appointed by a […]

Testamentary Trusts

Testamentary trusts can be very effective estate planning tools to assist in providing for spouses, children and grandchildren, and are becoming increasingly popular as more people become aware of their advantages. A Testamentary Trust is any trust established under a will, but the term is usually used in the context of a discretionary family trust […]

Superannuation splitting laws – things you need to know

When a marriage or de facto relationship breaks down property can be divided between the parties. Superannuation is treated as property under the Family Law Act and as such can be adjusted, transferred or divided between parties when a relationship breaks down. Although it should be noted that de facto couples in Western Australia are not subject to […]

Thinking of Capitalising on Sydney’s Booming Property Market?

Unless you’ve been living interstate or overseas lately, you can’t miss the media hype about the Sydney property boom. With low interest rates and increasing foreign investors, the Sydney property market is booming. You may be thinking of selling your home or investment property whilst the market is high. Before you do anything, you need […]

Power of Attorney: Enjoy your holiday without worrying about financial affairs

Have you or your children just finished HSC or uni exams? Heading off on a holiday or taking a gap year? If you’re planning your holiday or gap-year, then together with getting your passport, itinerary and travel insurance arranged, you need to think about setting up your power of attorney documents. A power of attorney […]