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
“I have done my will and don’t need to look at it again. Right?” Wrong! Your estate planning can be affected by several life changes which typically include: • major life events (marriage, divorce, death of a beneficiary or birth of a child) • significant financial...Read More
A person who makes a Will must have testamentary capacity. This means the person understands the nature and effect of making a Will and understands what they own and who can claim on their estate. Wills can be challenged and ‘struck out’ if a person did not have...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
