Will my Assets pass into my Estate? In your Will, you have the ability to leave written instructions on who is to receive your assets when you die. However, you need to be aware that some of your assets will not be part of your Estate and therefore not controlled by your Will. This means … Continue reading Will My Assets Pass Into My Estate?
Wills, Probate and Estates, the law, process and words surrounding what happens to your assets and liabilities when you die can be confusing. In simple terms, you have the ability to make a valid Will which is a written document signed by you and witnessed by two other people that sets out the way you … Continue reading Wills, Probates and Estates
An Estate in Probate means that the Supreme Court of New South Wales has agreed that the Will of the deceased is their last valid Will. As soon as the Supreme Court admits a Will to Probate, it means that the Executor named in the Will is able to collect the assets of the deceased … Continue reading What is an Estate in Probate?
What do you need to be aware of, when Contesting a Will. There are a number of things that you need to be aware of and how they can impact on your family provision claim. The first thing that you need to be aware of is, whether you are classed as an “eligible person” under … Continue reading What Do You need To Be Aware, Of When Contesting A Will?
Reseal of Probate is explained in this article and why it is important when applying for Probate, when assets are located in a different state! When a person dies it is necessary to make an application for Probate to the New South Wales Supreme Court for their Will to be recognised. If everything is in order, … Continue reading Reseal of Probate And Why Is It Necessary?
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Call Graeme Heckenberg on 9221 2779 or email email@example.com
” I don’t want to leave anything to that child!”
In contested wills and will disputes the concept of moral obligation is often raised. For instance is a spouse , life partner or de-facto of the deceased is left out of a will they often successful challenge the will on the grounds that the deceased owed a moral obligation to them to provide for them in the will.
Why is it so important to choose your Executors carefully? It is extremely important to choose your Executors carefully because they are the people that will be carrying out the wishes contained in your Will. Executors administer your Estate including distributing your assets to your beneficiaries. In order to administer your Estate your Executors will … Continue reading Why is it so important to choose your Executors carefully?
Life Estates – What are they? What are the Pro’s & Con’s of having one? If someone receives a Life Estate under a Will it means that they have the right to possession and enjoyment of property, including income from property, for the duration of their life. A Life Estate is usually created to allow … Continue reading Life Estates – What are they? What are the Pro’s & Con’s of having one?