Why You Need a Power of Attorney
Do you have a Power of Attorney? Many Australians may not realise the risks involved with not nominating a person to act in your best interests in case you are unable to do so. Recent journalist investigations have revealed the neglect of people placed in the care of the state when they become incapacitated. To
What is a Power of Attorney?
Do you need a power of attorney in Victoria? A power of attorney (POA) allows you to nominate someone to act in your interests if you are not able to do so. Appointing someone as your power of attorney can protect you if something happens and you need someone to manage your financial or personal
What is Probate of a Will
Probate of a will is the certification of a will’s legality and validity. Without a probate, the executor of the will cannot administer the estate. It helps to avoid delay and the risk of the will being contested, which can prevent genuine beneficiaries from receiving the assets willed to them by the deceased person. Anyone
How to Contest A Will
Wondering if you have grounds to contest a Will? Disputes regarding Wills and estates are difficult and it can be a challenge to mount a successful challenge to a Will, however it is possible. There are a range of situations where the validity of a Will can be challenged or the wishes expressed in the
Making Changes to your Will Through a Codicil
If you want to make changes to your Will, you may consider using a Codicil. A Codicil is a method for making changes to an existing Will so that you can add beneficiaries, change the distribution of assets and update clauses. Although this is a fast and efficient way of changing your Will, it is
Benefits of Testamentary Trusts
Testamentary trusts offer many advantages for people putting together a Will who hope to have greater control over the distribution of their assets following their death. A testamentary trust allows for tax benefits, as well as protection of assets from creditors or family disputes. What is a Testamentary Trust? Testamentary trusts are trusts built into
