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Dividing fences change in Victoria
Does a redundancy package form part of your asset pool when separating?
Depending on your particular situation, it may be necessary to incorporate a Testamentary trust in your will. There are numerous considerations to take into account to ensure that your estate is effectively passed onto your beneficiaries.
De facto couples have the right to make application to the Court under the Family Law Act for property settlement on the same basis as married couples and often the threshold question is whether in fact the couple is in a de facto relationship.
A company’s directors are appointed by the company’s shareholders (members) to act on their behalf.
Estate planning not only tries to minimize the adverse impact of your incapacity or death on assets registered in your name (your estate) but also on assets beneficially held such as in a family trust or superannuation fund.
Prenuptial agreements have become common, not only for “the rich and famous” but for many second marriages. But what about a “postnuptial” binding financial agreement?
A Special Disability Trust is a trust established by parents and immediate family members for the future care and accommodation needs of a person with a severe disability.
When a marriage or de facto partnership breaks down and the parties choose to separate, then the parties need to consider and finalise their finances, so they can move on.
A prenuptial agreement is entered into by a couple who are engaged to be married and signed prior to them getting married. It takes effect upon the event of their marriage.
An Enduring Power of Attorney (Medical) also known as an EPA is a legal document which allows a person (or persons) of your choice, usually a close trustworthy family member to make decisions about your medical treatment.
De facto agreements can be entered into by couples during their relationship and the couple needs to have been living together for a minimum of 2 years.
An Enduring Power of Attorney (Financial) also known as an EPA is a legal document which allows a person (or persons) of your choice, usually a close trustworthy family member to manage your financial affairs and assets.
As an Executor there are a number of responsibilities and legal obligations you must comply with. These include making funeral arrangements, protecting the assets of the Estate, collecting the Estate’s assets, paying the Estate’s debts etc.
The end of a relationship can be a difficult time for all involved. Here is a quick check list to help you get all of your affairs in order:
Binding Financial Agreements can be made either before, during or after a marriage or de facto relationship. With exceptions, these agreements are binding on both parties if the agreement is drafted and executed properly.
From time to time, issues come up with regard to the execution of Wills, either as to the testamentary capacity of Willmakers or whether there has been any duress or undue influence.
The way your superannuation death benefits are taxed is basically determined by who you nominate to be the beneficiaries.
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