In some instances, the ability to utilise the benefits provided for in ITAA36 Pt III Division 6AA is lost, often because the will maker has…
Continue Reading
The problems with losing a trust deed are self evident. A trust relationship must be run through a trust structure, with a trustee. A trustee’s…
It is not uncommon for assets to be held in various locations, including shares and investment properties during one’s lifetime. What follows in an overview…
A trust is not a separate legal entity in the same way as a company, rather it is a relationship which exists whereby a person…
Nothing creates more family disharmony than a challenge to a Will or to assets held outside the estate. It is one of the greatest fears…
If you are a grandchild who was wholly or partly dependent on the deceased at any time, although never a member of the same household…
Posted By LeeLawyers on 25 Sep 2014 Nolan v Nolan & Ors [2014] QSC 218 Highlights: An ex-wife gains substantial interest in family assets outside…
In the event of Death the value of a deceased’s Estate can be significantly reduced through delays in administering the Estate, disputes between potential or…
Good Estate Planning will enable you to prepare, manage and preserve your assets in the event of a contingency such as incapacity or death in…
A family provision claim refers to an application for an order for provision to be made out of a deceased estate for a person’s maintenance,…
In the context of your estate planning and major assets of an estate such as a business it is essential to consider who is to…
For many business owners their business is the major asset of the estate. Yet surprisingly very few business owners have adequately initiated basic estate planning…
A person’s will may not be accurate due to a mistake which causes the testamentary document to not effect their intentions, for example by incorrectly…
There are a number of common mistakes in failing to correctly prepare Wills and Estate plans. What follows is an overview of common errors in…
It is not uncommon with blended families for one parent to be protective of their children from a previous relationship. The bond to a child…
Maestrale v Aspite [2012] NSWSC 1420 highlights the importance of acting on instructions in a timely and professional manner. A solicitor who was ultimately found to have…
In many family enterprises parents transfer ownership of the family business based on “sweat equity” (work performed in the business for less than market conditions)…
