FAQ on Estate Planning

While many people are unlikely to nominate estate planning (Thinking about what will happen to my assets when I die) as being on their “most wanted” things to do, this is something that should be on all our “must do” lists. Proactively planning for how you would like...

Is a testamentary trust right for you?

One of the loving things you can do for your family is to make plans for what happens after you die. This is particularly important if you have children or vulnerable adults who depend on you financially. A testamentary trust might be the right tool to help you look...

Do you need a lawyer to make a Will?

You can create a Will without a lawyer. You can do this by using online resources or DIY kits. However, there are several drawbacks of this approach. A Will is a critical legal document, and errors or omissions can have significant consequences for your loved ones....

Succession Arrangements for Family Companies

Family businesses are the backbone of Australia’s economy, contributing over 70% of the nation’s GDP and employing a significant portion of the workforce. However, their long-term success can be fragile, with only a fraction operated by the third...

Common misconceptions about estate planning

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...

What a Will Kit doesn’t do

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...