You should consider a binding death benefit nomination if you have a self-managed superannuation fund, to ensure your assets are distributed as you wish after your death. The RMB Estate Planning division explains.
Being involved in the administration of an estate when a loved one passes can be a daunting process, but knowing the terms and responsibilities is a good place to start. EMMA Perkins from RMB Lawyers explains:
Being asked to become an executor of an Estate carries many responsibilities, the RMB Estate Planning explains.
Preparing a “bullet-proof” Will can be complicated, particularly if we do not wish to provide for a particular person.
Everyone should have a current will, but it can be particularly important for people going through divorce or separation.
Testamentary Trust Wills allow your estate to be administered in a tax effective manner for your beneficiaries. Ssuch Wills can also protect inheritances from creditors or relationship breakdowns.
A Special Disability Trust is a trust established either by Deed or by Will. For the purposes of this information we are discussing a Special Disability Trust established by a Will. It is a trust established for the benefit of one person whom suffers from an impairment or a disability. In general terms the trust is designed to provide a source of income whilst not adversely affecting an individual's entitlements to a disability pension.
Some common sense tips on Why are Binding Death Benefit Nominations so difficult?
In this second of a two-part series on Power of Attorney, we consider the issues of Enduring Power of Attorney and Enduring Guardianship.
A solution to a problem that can arise with Power of Attorney property sales.
Families considering the "granny flat" option for aged care should draw up an agreement so that everyone is clear about their obligations and to cover a variety of possible circumstances.
Sspecial trusts designed to provide for people with disabilities after their parents have died.
Access to digital assets that is creating problems for executors of Wills and lawyers finalising deceased estates.
What can happen when a terminally person refuses medical treatment.
Whether the executor of your will can use your life insurance to pay your debts when you die.
The value of family trusts in the light of two high-profile cases that came before before the Courts that year.
We examine Life Interest, an estate planning tool for couples with children from multiple marriages to protect their individual children’s inheritances.
The importance of appointing an Enduring Power of Attorney.