An estate plan involves more than signing a Will and leaving it in a safe place. An effective estate plan requires consideration of several matters and ongoing review to ensure it reflects your testamentary wishes and covers unexpected events. In this article we look...
An Executor is a person named in a Will to carry out the final wishes of a deceased person. Executors organise to collect the assets of the deceased, pay their debts and distribute the property as set out in their Will. If you are named as an Executor of a Will, you...
There are various ‘Will Kits’ available online. Many are cheap or ‘free’. It is claimed all you need to do is ‘fill in the blanks’. Many websites boast you can prepare your own Will yourself ‘without spending hundreds of dollars on legal fees’. Simple, right? Not...
The diversity of a family farming enterprise amidst the dynamics of the family unit can raise challenging and complex issues. The topic of succession planning is often highly emotive. The respective contributions from individuals to the farming enterprise are likely...
Legal definition of a partnership A partnership is a relationship between people or entities carrying on a business, with a common view of making a profit. There are three different types of partnerships; Normal partnership; Limited partnership; Incorporated limited...
