Australians not yet prepared for largest intergenerational wealth transfer in history

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New research from Perpetual reveals over half of Australians (56%) do not currently have a will in place and more than half of parents (53%) have not discussed their will and... Read more continue reading

Can grandchildren be beneficiaries of BDBNs?

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Often a member of a superannuation fund (whether self-managed, industry or retail superannuation fund) will want to provide for their spouse and, if the spouse should predecease them to their... Read more continue reading

Probate – a detailed overview from SuperCentral

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The process of probate may seem straightforward but, depending on the complexity of a client’s estate plan, along with family dynamics, it is not always easy to navigate. Here we... Read more continue reading

Estate planning – overcoming client objections

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Financial advisers are ideally positioned to initiate and project manage the process of implementing an estate plan. Unfortunately, there are those clients who don’t believe they need an estate plan... Read more continue reading

Estate planning – where there’s a Will there’s a way

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Often, when people think of estate planning, they focus on the consequences following death. As a result, they often do not appreciate that there are many documents which need to... Read more continue reading

Planning mistakes blended families make – planning for retirement more than financial

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Six planning mistakes for blended families to avoid Blended families should take a holistic approach to estate planning and how they pass on their wealth, because getting it wrong can... Read more continue reading

What can a widow expect from husband’s estate?

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What can a widow expect from her husband’s estate?  The NSW Court of Appeal recently gave us their guidelines. Several months ago we discussed the decision in Steinmetz v Shannon [2019] from... Read more continue reading

R*E*S*P*E*C*T: find out what it means for your Will

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The recent case involving the estate of American soul music legend Aretha Franklin highlights the importance of ensuring all family members–especially the sick and elderly–are aware of the details of... Read more continue reading

Minimising assets in an estate that is subject to challenge

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Brian Hor at Townsends Law thinks there should be some thought given and preparation around seeking to minimise challenges to an estate by making pre-emptive decisions, such as: Transferring assets... Read more continue reading

Can grandparents protect their grandkids’ inheritance?

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If their kids don’t get on with one of the grandkids maybe the grandparents should act to protect that grandchild’s inheritance. Being an estate planning lawyer means very often having... Read more continue reading