Do you have the right to determine who inherits your farm? The short answer is 'not necessarily', but there are things you can do to increase the chances of your wishes being upheld.
The effect of death on 'Child Support Agreements' and 'Binding Financial Agreements' can be a little complicated - but more importantly, can have unintended consequences for your Estate Planning.
There are two main ways to challenge a Will. We discuss what they are.
Hear Andrew Andreyev on ABC Radio 891 Drive-time in Adelaide discuss when and how a Will may be challenged.
In all States in Australia the law provides you with a right to challenge a Will if you believe that you have not been adequately provided for.
Since the introduction of the ‘Notional Estate’ principle into the model succession law in NSW, some 'asset structures' are no longer effective to avoid assets being dragged into a squabble over a Will.