Most people regard the money in their superannuation fund as ‘theirs’, meaning they think the amount is automatically part of their overall estate to be passed on to their beneficiaries in their will once they die.
Estate planning is the process by which a person makes a ‘road map’ on what should happen to their assets once they die or become incapacitated.
Australia’s 2016 Census found that ‘blended’ families – where one or both partners with children have remarried or repartnered – accounted for 3.7% of the nation’s families.
If you made your Enduring Power of Attorney prior to 1 June 1998 using a Form 16A (pursuant to the Property Law Act 1974-1990), then we strongly recommend that you review and revise this document.
When it comes to making a will about how you wish your estate and affairs to be handled after you die, appointing an executor is one of the most crucial decisions you’ll make.
There’s nothing like new love. For most of us, we hope new love will grow into old love – a shared life that leads to many happy memories, of house, holidays and children.
When a person makes a will detailing how they want their assets to be distributed after they die, and by whom, they often think that’s the end of the matter.
An Enduring Power of Attorney is a written formal process whereby a person, ie. a principal, appoints a person or persons who can then make either health/personal and/or financial decisions on behalf of the principal.
