Managing a deceased estate can sometimes be a difficult exercise. Misunderstandings and tension between executors and beneficiaries can arise in what is understandably an emotional and stressful process. This article will explore some of the common flashpoints that can occur between executors and beneficiaries and comment on some points that...

Starting a family is often one of the main triggers for clients to either update their existing estate plans or begin the process of implementing a new one. For many of these young families, the key concern is who will look after their children if they both pass away and...

The term ‘family trusts’ often refers to a form of discretionary trust in which the beneficiaries of the trust have no fixed entitlements to either income or capital. For the purpose of this article, we will refer to discretionary trusts as family trusts. The trustee of a family trust generally...

January is well known for its New Year’s resolutions. We all make them and most of us break them before the month is even out. If preparing a new Will or updating an old Will is one of your 2021 New Year resolutions, do not let it be one of...

When talking estate planning with our clients, we often encounter scenarios where simply drafting a will on its own is not enough to deal with their affairs. This is usually in circumstances where the client has: a family trust, self-managed superannuation fund or a business. If you fall into these...