It is not uncommon for parents to exclude children from their Will – especially where the relationship between the parent and the child has soured. As you can imagine, the reasons for a breakdown of the relationship between a parent and child can be many and varied....Read More
I recently wrote about ASIC commencing penalty proceedings against CBUS Superannuation Fund. In those proceedings, ASIC asserts CBUS failed to act efficiently when handling claims for the payment of Death Benefits of members. Well, ASIC is on the civil penalty...Read More
As we welcome the new year, many of us take time to reflect on our goals and aspirations. We make promises to ourselves to eat healthier, exercise more and do something new. Amid all the self-improvement, however, it’s easy to overlook one important aspect of our...Read More
I wrote about the importance of knowing where your original Will is in this column a year or so ago. The three recent files on my desk and the decision of Hindman J handed down in the Brisbane Supreme Court on December 5 on one of my files suggests it’s time to...Read More
The Royal Commission into Aged Care Quality and Safety was established on October 8, 2018, and recommended in 2021 that there be a new Aged Care Act. The Aged Care Bill 2024 got the green light in parliament on November 24 and is likely to become law from July 1 this...Read More
I noted with interest the Australian Securities and Investments Commission (ASIC) has commenced penalty proceedings against the Construction and Building Unions Superannuation Fund (CBUS). ASIC alleges CBUS failed to act efficiently when CBUS handled claims being made...Read More
When I see a couple to take instructions for their Wills, and they each have children to a previous relationship, it is common for them to gift: • everything to their spouse; and • if their spouse has died, equally between their children and stepchildren. Clients are...Read More
For one reason or another, you may have purchased assets in the name of a Trust. Often described as ‘Family’ Trusts, these Trusts usually have common features including: A Trust Deed (the rule book); A Trustee (the manager); An Appointor/Principal (the supervisor and...Read More
As we age and care needs increase, most people prefer to receive assistance in the comfort of their home. In response to the Royal Commission into Aged Care, Quality and Safety, Home Care Packages will be replaced by a new program known as Support at Home. There are a...Read More
If you have been asked to be an Attorney for someone under an Enduring Power of Attorney (EPOA), you might consider it quite an honour. An EPOA is a very powerful document and the person appointing you typically trusts you implicitly. You can’t, however, be forced...Read More
