Disputes over estates are more common than people expect. They rarely start as legal disputes. They usually begin as uncertainty, imbalance, or perceived unfairness. Over time, that can escalate into formal claims against the estate. If you have been left out of a will, or if you are involved in an estate where beneficiaries do...

Disputes over estates are more common than people expect. They rarely start as legal disputes. They usually begin as uncertainty, imbalance, or perceived unfairness. Over time, that can escalate into formal claims against the estate. If you have been left out of a will, or if you are involved in an estate where beneficiaries do...

Updating your will plan on a regular basis is fundamental to ensuring your will reflects your current financial and personal situation. There are a number of events that occur that have the effect of revoking all or part of your will.

Your Will expresses your wishes at a particular point in time, however your personal situation changes on a regular basis. Day to day events occur that have the effect of revoking all or part of your Will. Generally these events do not trigger the fact that our Estates and therefore our Will, needs to reflect the relevant change.

When a person dies, they generally leave something behind for loved ones or charities. What they leave behind is collectively called their “estate”. If they have a Will, their executor must then “administer” their estate in accordance with the wishes expressed in their Will.

Can I make a Provision for Pets in My Will? For most of us, dogs, cats and other pets are really part of the family, however how many of us have thought about what might happen if our pets outlive us?

Firstly, let’s try to understand what is an Executor and what do they do? An executor can be a person or an organisation that you appoint to be responsible for carrying out the wishes you have stated in your will. You must nominate at least one person or organisation as the Executor in your will. The executor/executors are responsible for the entire administration of your estate until all assets have been distributed to your beneficiaries. Their role includes gathering and maintaining the deceased’s assets, and ensuring all the estate’s outstanding debts and taxes are paid.

What happens if you die without a will in Queensland? Intestate…… It is a seemingly harmless word which can have a serious impact upon your loved ones if you pass away. In simple terms, Intestate means that you have died without a will. Instead of your estate passing according to your wishes, your estate will now be divided according to the laws of Queensland. Intestacy laws in Queensland are a paint by numbers approach which are extraordinarily unlikely to match how you would like to see your assets pass.

There are a number of Things to Consider when Making a Will and this article will start to give you some knowledge of what you can include. A will has nothing to do with your wealth. Some of us may not consider ourselves rich, but no matter what your personal perception of where you believe you stand on the socio-economic ladder, you always need a will.