Dying intestate can cause headache and heartache for your grieving loved ones.
High-profile legal proceedings currently before the Supreme Court, demonstrates how important it is to have a valid Will in place. The matter involves millions of dollars in assets which belonged to businessman Hongtao Liu. Mr Liu died without a Will. This has created...
Tax obligations relating to superannuation death benefits should be considered when making your nominations
When it comes to super death benefits there are two overarching areas of law which affect beneficiaries – superannuation law which sets out who a death benefit is payable to, and taxation law which sets out how the death benefit will be taxed. Your super fund can pay...
Making a provision in your Will to protect a vulnerable member of your family requires special consideration
Making provision in your Will for a person who is unable to adequately or responsibly manage their financial affairs requires special consideration. Vulnerable beneficiaries may include those whom: Have a severe disability; Suffer from a mental incapacity; Have an...
