International Wills – do you need one?

Do you have assets in a country other than Australia? If so, you might benefit from creating an International Will. International Wills stem from the UNIDROIT convention seeking to harmonise and simplify proof of formalities for wills that possess international...

Estate Planning for Business Owners

Have you thought about how your business partnership or company might affect your estate planning? For example, how will you fund the pay out of your business partner’s family if your business partner dies or becomes incapacitated? Many people who are involved in a...

Do you need a testamentary trust?

Trusts have long been recognised as having tax and asset protection advantages, particularly for people involved in business. Over time legislation and case law have whittled away many of the advantages. Regardless of this, trusts can still be an effective means of...

What is a Mutual Will?

As the incidence of blended families becomes increasingly common, the importance of making consideration for this in estate planning grows too. Blended families are expressed as one or both spouses/domestic partners (“spouses”) with children from...

The importance of keeping an updated will

We are acting in a matter where the willmaker: Had made a specific gift of an investment in a particular bank to his sons in a will he created some years before his death; Had been receiving chemotherapy for some time prior to his death; Very close to his passing made...