The term ‘Deed’ is commonly used in the legal and business industry to describe certain types of agreements and documents that bind two or more parties. It is not always readily apparent, however, the difference between Deeds and other agreements. There is a clear difference between Deeds and Contracts both in terms of how they are used […]
These quick tips when signing a contract or other legal document may seem self-explanatory, but collectively are some of the most crucial points to remember. When it comes to buying property or starting a business they are often quick, emotion-based decisions. Taking note of these 7 quick tips may prevent years of heartache and thousands […]
What is a “Simple” Will? There is a greater degree of certainty with a “simple” Will as to what will happen with the estate than with a testamentary trust. That is because with a simple Will, all or part of the assets in the estate are held on trust, but the beneficiaries are limited in […]
How to Change a Will Many people want to change your will because there has been a change of circumstances. Changes should not be made by amending the original will after it has been signed and witnessed as any obvious alterations on the face of the will are assumed to have been made at a […]
Large sums are often payable from a super fund when someone dies, particularly with recent super reforms and with many funds containing life insurance policies. However, death benefits are not automatically distributed according to a Will, nor even necessarily in accordance with any nomination a person has made to the trustee of a fund. A […]
When a person dies leaving a valid will, their estate is distributed according to the terms of their will. A probate order states that the will has been proven to be the last valid will of the deceased. It allows the executor to collect, distribute the estate and execute the wishes of the deceased in […]
Some types of assets are not usually considered an asset of your Estate when you die and are not able to be distributed as per your Will. One of these assets may be your Superannuation entitlements. Usually, your Superannuation Sydney will be distributed as per the Trust Deed that governs your Superannuations fund. Most Trust […]
It’s simple. Most of us want our wishes carried out after our death. And having a will is a good way to ensure that the family silver winds up in the right hands. In short, a will is a legal document that tells the world how you want your assets distributed after your death. But […]
Summer can be an ideal time to make your will. That’s because making a will is something you want to do when you’re relaxed and happy. But for some people, whether it’s summer, Autumn, winter or spring, doesn’t matter—making a will doesn’t get done because of how they think about wills. Check out five commonly […]
Solicitor Issue – Illegal Extension Q. I bought my house wanting to build an extension but found out there is a problem with my boundary wall and feel my solicitor was negligent. What do I do next? A. Firstly, talk to your solicitor and see what they say. If this doesn’t get you any further […]
