Your estate is the total of everything you own, including money, assets, investments, property and debts. Your will is the documentation that outlines what you want to happen to all of those things when you die. Whilst a will is an important tool, estate planning is about so much more than just making a will. […]
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Including a Discretionary Testamentary Trust in your will offers your beneficiaries more choice about how they receive their gift, whilst providing significant asset protection and tax advantages. Yet many people are unaware the process is as simple as setting up the ‘rules of the trust’ as part of their estate planning. How does a Testamentary
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A Grant of Probate is recognition from the Supreme Court that a will is valid and that the person or people named in the Grant are authorised to deal with the estate. If the deceased doesn’t have a will an application for a Grant of Letters of Administration can be applied for by a lawyer
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An executor is the person (or people) nominated by a willmaker responsible for managing distribution of assets and carrying out directions when someone passes away. Below is a step-by-step guide of the duties of an executor. 1. Decide if you wish to take on the role of executor Being an executor is not just an
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