Recent federal budget discussions about trusts have sparked debate around Testamentary Discretionary Trusts (TDTs). While the name sounds complicated, many people include these trusts in their Wills to protect children, grandchildren, and inherited assets. However,...Read More
The Qld Supreme Court recently provided a reminder of the importance of having your Will drawn by lawyers. The deceased, who was very “careful” about spending money, didn’t see a lawyer to prepare her Will, but her long standing accountant. The deceased also held a...Read More
Queenslanders are living longer, our communities are growing and families are becoming more diverse. But this growth comes with an unexpected challenge: many local cemeteries across the state are running out of room. Councils have begun sounding the alarm, warning...Read More
We regularly hear of a client’s plan to stash some cash under the mattress or give money to a family member, prior to their passing to cover the funeral bill when they die. This concern arises from the client’s view that the bank will freeze their account after they...Read More
For a Will to be validly executed, it must meet certain requirements – eg. it must be signed by two witnesses. The Court recently had to consider whether a digital note saved on an iPhone by a Mr Colin Peek – a multi-millionaire – was in fact his Will. If...Read More
