If you are appointed as the executor of an estate, you have a number of duties cast upon you. They include: maximising the size of the estate for the beneficiaries; and preparing any necessary tax return or obtaining Income Tax Clearances. Estate administration...Read More
The preparation of your estate plan involves a number of matters, especially the payment of your superannuation death benefit. From 1 July 2017 a “Transfer Balance Cap” was introduced. In broad terms, the effect of the Cap is to limit the total amount of...Read More
Divorce, ending a de facto relationship or ending a civil partnership can be emotionally difficult but have you ever thought what happens to your Will if these events occur? Under the Succession Act 1981 (Qld), if any of the above events occur, your Will is revoked to...Read More
Consider this scenario: You have 2 children. Child A and Child B. Child A has one child (your grandchild). You give your estate equally to Child A and Child B in your Will. If Child A dies before you, your grandchild will automatically receive Child A’s half of...Read More
For a lot of people, a New Year’s Resolution is something that goes in one year and out the other…. The start of the new year is the ideal time for you to review and update your estate planning. As your life changes, so should your plan. Have you: Purchased a...Read More
