Farm Succession Planning Dividing Families

Farm Succession Planning Dividing Families

If you want to ensure the family farm is passed down to future generations so that everyone benefits, it is important to start farm succession planning now. In Western Australia, three adult sons who siphoned more than $1.6 million from their elderly parents have been...
How Professionals Can Prevent Financial Abuse

How Professionals Can Prevent Financial Abuse

Elder financial abuse is a growing problem, usually carried out by family members. However, there are cases where professionals have also been charged with stealing from or exploiting older people. The biggest risk factor for older people is cognitive decline: that...
The Tragic Tale of the Lost Super Fund

The Tragic Tale of the Lost Super Fund

Who will get your super fund when you die? Did you know that superannuation is not covered by your will, and that the trustees of your super fund may distribute your benefits at their discretion? The following case highlights the importance of being very thorough and...
Statutory Will, Murder & Bankruptcy

Statutory Will, Murder & Bankruptcy

How is it that a statutory will can halt a murderer in their tracks but can’t discharge bankruptcy? A statutory will is a will made by the court on behalf of someone who lacks capacity to make or amend a will. Why would someone need the court to make a will on...
Dying Without A Will Causes Chaos

Dying Without A Will Causes Chaos

Dying without a will often leads to chaos, particularly if you have a complex family or business structure. Dying without a will means that you leave your family with no instructions about your final wishes, including your assets, your funeral plans and who should...