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Step-children and family provision claims: what step-parents in SA need to know

Step-children and family provision claims: what step-parents in SA need to know

by ADLV Law Team | 8 - Pass on your wealth (including EP), 9 - Deal with a deceased estate (Administration)

Blended family dynamics can be complicated, especially when it comes to estate planning. If you’re a step-parent preparing your estate plan, you may feel uneasy about recent changes in South Australian succession law, particularly the expanded rights of...
Can you gift company assets in your Will? 

Can you gift company assets in your Will? 

by ADLV Law Team | 8 - Pass on your wealth (including EP)

As a private business owner, you may assume that because you control your company, its assets are your own, you probably even refer to them as ‘my property’ or ‘my farm’.  But does this mean you can leave company assets to whomever you like in your Will?  As Ireland v...
Guaranteeing a child’s loan: an obligation that can outlive you

Guaranteeing a child’s loan: an obligation that can outlive you

by ADLV Law Team | 8 - Pass on your wealth (including EP)

As property prices and borrowing challenges persist in Australia, more families are turning to guarantor loans (commonly referred to in the media as the ‘Bank of Mum and Dad’), with brokers reporting significant growth in parents providing guarantees to help children...
Digital assets, cryptocurrency, and probate: don’t let your wealth disappear

Digital assets, cryptocurrency, and probate: don’t let your wealth disappear

by ADLV Law Team | 8 - Pass on your wealth (including EP), 9 - Deal with a deceased estate (Administration), Uncategorized

Digital assets such as cryptocurrency and online accounts are easily lost after death without planning. Here’s what families and family businesses need to know about probate in the digital age. 

What happens when co-executors can’t agree? Lessons for will-makers and executors 

What happens when co-executors can’t agree? Lessons for will-makers and executors 

by ADLV Law Team | 8 - Pass on your wealth (including EP), 9 - Deal with a deceased estate (Administration)

Appointing two executors might sound like a sensible way to share responsibility, indeed, it is something we often recommend, but what if those executors can’t agree, or worse, one refuses to act? The Supreme Court of New South Wales case Wise v Barry; The Estate of...
Excluded from a step-parent’s Will? What step-children should know in South Australia 

Excluded from a step-parent’s Will? What step-children should know in South Australia 

by ADLV Law Team | 8 - Pass on your wealth (including EP)

When a parent dies and leaves everything to their spouse, many children choose not to contest the Will. Out of respect for their parent’s wishes, the grief involved, and the complexities of family life, they allow their step-parent to inherit everything.  But years...
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