Should executors be paid or receive gifts?
Who you appoint as the executors of your Will is an important decision. After all, these are the people responsible for carrying out your wishes after you pass away. However, you may wonder whether your executors should be paid or receive a gift in recognition of their efforts in administering your estate.
What Happens When a Beneficiary Dies Before You?
Imagine this: You’ve carefully made your Will, making sure your loved ones will be taken care of when you’re gone. You’ve left a generous gift to your son, Jake. But then, something unexpected happens—Jake passes away before you do.
What legal issues do you need to look out for in 2025?
With the coming of a new year come new ideas, plans and goals. Sometimes these may come about because of a change in circumstances and needs. In other cases, these may be a necessary undertaking due to a change in law, regulation or requirements. Here are some legal issues that we think will be hot issues in 2025 and our tips to help you navigate them.
Navigating the future: key changes in South Australia’s Succession Act 2023
Does your Will need an update following the changes to the Succession Act 2023 (South Australia) commenced operation in South Australia on 1 January 2025?
Celebrating new beginnings in 2024
What a year! Those of you that have been keeping up with us this year will know that 2024 was a big year of learning, change and growth for us. Learning can be painful and challenging – quite literally. There is scientific research that suggests there is a link...
Estate planning considerations if your Christmas went pear-shaped
Christmas isn’t always a time of joy for families. Sometimes, along with all the dishes, you are left with a family fallout that takes you back to the proverbial drawing board where estate planning is concerned. Here’s a look at how a difficult Christmas...
A Christmas story: planning for the future while you deck the halls
Christmas is a time for joy, family and reflection. But amidst the festivities, it’s also an excellent opportunity to consider your estate planning. While it might seem unusual to bring up estate planning during the holidays, Christmas presents a rare chance to start these important conversations.
Your asset protection could be compromised: The hidden risks of shadow and de facto directorships
Do you provide advice or influence decisions in a company without a formal director title? You could be a ‘shadow’ or ‘de facto’ director, exposing yourself to significant personal liability that could jeopardise your asset protection strategies.
In-house loans and estate planning – not as simple as it seems
Learn about estate planning and the challenges of managing loans between family members. Control your financial legacy.