How A DIY Will Can Land You In Court

How A DIY Will Can Land You In Court

The rise in online do-it-yourself will kits has launched a spin-off product, an app that allows you to write a DIY will on your smartphone. But is this a case of technology making your life easier or technology creating more headaches in the future? Anna Hacker, the...
Why Tycoons Aren’t Giving Their Kids Their Money

Why Tycoons Aren’t Giving Their Kids Their Money

They’re worth billions, but these tycoons have decided that their kids can’t have it. Can leaving a big inheritance to your children ruin them? These tycoons believe so and have publicly declared they will not leave their fortunes to their kids. Warren...
5 Will Mistakes Not To Make

5 Will Mistakes Not To Make

If celebrities can teach you anything, it’s how to avoid these grave will mistakes. You’d be forgiven for thinking that the rich and famous would have thoughtfully constructed wills aided by the best advice that money can buy, but the truth is that like...
Fundamental Elements of an Estate Plan

Fundamental Elements of an Estate Plan

What are the fundamental elements of an estate plan? When it comes to planning your estate, it’s common to believe that you only need to write a will, and that a will is a simple document listing your assets and who you want to receive those assets when you die....
What is a Statutory Will?

What is a Statutory Will?

The Supreme Court of Queensland handed down a decision in which a statutory will was made for a 12-year-old girl. What is a Statutory Will? Section 21 of Succession Act (Qld) gives the court discretion to authorise a will to be made, altered or revoked for a person...
The Responsibilities of the Executor

The Responsibilities of the Executor

The executor of an estate has an obligation to engage in the due administration of the estate. Enormous obligations are cast upon the executors to gather in the estate, pay all testamentary debts and expenses and to distribute the estate in a correct and legal way....