20 11, 2017

Yes, you do need a testamentary trust

2017-12-14T09:32:04+00:00

Most people who advise on testamentary trusts talk about the ‘tax benefits’. This emphasis is plain wrong. Why? Because, a simple Will (without a testamentary trust) is more likely to do harm, and to lead to family disharmony, than one with a testamentary trust.

Yes, you do need a testamentary trust 2017-12-14T09:32:04+00:00
20 11, 2017

What happens to a gift in your Will if you no longer own the asset when you die?

2017-12-14T09:24:46+00:00

A gift of property that is no longer in your estate when you die automatically ‘fails’ (or ‘adeems’). This rule can lead to unfairness and unintended consequences.

What happens to a gift in your Will if you no longer own the asset when you die? 2017-12-14T09:24:46+00:00
5 09, 2017

How to direct particular super assets to particular beneficiaries

2017-09-05T09:11:32+00:00

A key benefit of having your super in a SMSF is that you can choose who ultimately benefits from particular assets within your fund when you die.

How to direct particular super assets to particular beneficiaries 2017-09-05T09:11:32+00:00
28 02, 2017

‘UPEs’ and ‘FMDs’, and your estate planning

2017-11-17T17:05:45+00:00

What is, and what is not, in your personal estate? This may sound like a academic question not worthy of a lot of thought. However, if you are in estate planning mode, it is critical that you answer this question correctly.

‘UPEs’ and ‘FMDs’, and your estate planning 2017-11-17T17:05:45+00:00
25 01, 2017

Can your partner change their Will after you die?

2017-03-14T13:33:47+00:00

Just because you and your partner make 'mirror Wills' does not mean that your partner cannot change their Will (either before or after you die). Furthermore, your partner does not have an obligation to inform you if they do change their Will. Find out how to deal with these issues.

Can your partner change their Will after you die? 2017-03-14T13:33:47+00:00
19 10, 2016

It’s official. Super isn’t part of your estate.

2017-12-15T09:22:26+00:00

Your super doesn't form part of your estate, and is not subject to the terms of your Will. It's therefore critical to have in place appropriate arrangements to make sure your super ends up where you intend.

It’s official. Super isn’t part of your estate. 2017-12-15T09:22:26+00:00
12 08, 2016

Separation and your estate planning

2017-11-17T17:10:24+00:00

When you are separating for your spouse or partner, it's easy to get bogged down in negotiations about your kids and dividing up your property. But don't forget your estate planning - otherwise you may just end up leaving your former partner the biggest gift of them all.

Separation and your estate planning 2017-11-17T17:10:24+00:00
30 05, 2016

Preparing for your ‘digital afterlife’: our 5-step approach

2017-11-18T08:30:17+00:00

What would happen if you lost mental capacity or died? While your physical life may be well provided for, chances are your digital life is seriously at risk.

Preparing for your ‘digital afterlife’: our 5-step approach 2017-11-18T08:30:17+00:00
6 05, 2016

How does divorce or separation affect your Will in South Australia?

2016-08-06T07:52:03+00:00

Unlike divorce, marriage separation does not have an effect on your Will. For this reason, the period of separation that occurs prior to divorce is possibly one of the most important times to ensure your Will reflects your changed circumstances.

How does divorce or separation affect your Will in South Australia? 2016-08-06T07:52:03+00:00
2 01, 2016

What is a Testamentary Trust and why would I need one?

2017-11-18T08:36:27+00:00

When you give an outright gift to someone under your Will, the beneficiary receives the gift from your executor, with no strings attached. The beneficiary can do what they like with it. If you impose any rules on the gift, then you have effectively created a 'testamentary trust', and things get a little more complicated.

What is a Testamentary Trust and why would I need one? 2017-11-18T08:36:27+00:00