UNIDROIT Convention: International Wills
Wills & Estate Planning
For the almost one third of Australians with family ties overseas, an International Will may be a useful tool for ensuring that your assets are distributed according to your wishes.
Whether your superannuation nest egg is small or large, chances are that you would like it to be passed on to your family or other beneficiaries. Unfortunately, the arrangements for superannuation are not always that simple, as Wills & Estates Lawyer, Sarah Slattery explains.
A Power of Attorney is an important document which can govern your future care and lifestyle. Our Wills & Estates team discuss the different types of Powers of Attorney and their application so that you have control over those making decisions on your behalf when you are no longer able to do so.
An Enduring Power of Attorney on its own may not allow your attorney to make decisions regarding your family business, family trust or superannuation, as Binay Prasad explains. Binay is an (Accredited Specialist) in Wills & Estates Law.
According to the World Health Organisation, around 1 in 6 people over the age of 60 have experienced some form of abuse in community settings during the past year. Unfortunately, the rates of abuse increased during the COVID-19 pandemic, and may continue to increase with an aging population. Sarah Slattery explains.
Your Will should be as unique as you. Careful estate planning is required to ensure that your assets pass to your intended beneficiaries in the most advantageous manner. Binay Prasad, Accredited Specialist (Wills & Estates) explains.
When contemplating putting together an estate plan, an important aspect to consider is the personal circumstances of the prospective beneficiaries of your Will. Setting up a a Special Disabilty Trust can assist a beneficiary to manage their inheritance. Lawyer Sarah Slattery explains.
It is impossible to guarantee that your Will, no matter how cleverly drafted, will not be challenged in the future. Nevertheless, there are steps that you can take to limit a successful challenge, as Senior Associate and Accredited Specialist (Wills & Estates) Binay Prasad explains.
Getting married is often one of the happiest days of a person’s life. Understandably, your Will is one of the last things on your mind. It is important to note, however, that your existing Will is revoked by your marriage.