Not all of your assets can be left through your will, and expert advise is needed so that control of those assets can pass to who you choose.
Useful Tips for Your Next Property Purchase
Posted by - & filed under Conveyancing & Property Law.It is an oft stated truism that the biggest, and longest lasting, financial transaction that most people will ever undertake is the purchase of real estate. Yet most times the purchaser enters into that transaction before obtaining any expert advice. The seller, on the other hand, invariably has advice – from his or her real…
Inheritance Claim
Posted by - & filed under Will & Estates.There are many ways to challenge a will. This post will look at moving behind the will of a deceased person to make an inheritance claim under the Inheritance (Family Provision) Act 1972. That act gives certain people the right to apply to a court for an order that greater provision be made for that person…
Mutual wills
Posted by - & filed under Will & Estates.Mutual wills are different to, though related to, mirror wills. Mirror wills are wills, usually between spouses, which are basically identical except that that the spouses’ functions and bequests with respect to each other in each will are reversed. Mirror wills may or may not be made pursuant to an agreement between the spouses that…
Wills on ABC Radio
Posted by - & filed under Will & Estates.An interesting interview by Ian Henschke this Tuesday morning on ABC Radio 891 dealing with wills – second marriage wills, disputed wills, unequal treatment of beneficiaries (which Ian referred to as sibling equity), family disputes, Inheritance Family Provisions Act claims. The costs of running a dispute in relation to a will are in the thousands…
First major case to consider PPSA priority rules
Posted by - & filed under Personal Property and Security Act, Priority rules.The first big decision on the PPSA dealing with the PPSA priority rules between a registered security interest and an unregistered interest has been handed down. In Maiden Civil v QES [2013] the NSW Supreme Court found that a registered security interest had priority over an unregistered interest, even though the unregistered interest was that of the owner….