How to Choose The Executor Of Your Will

How to Choose The Executor Of Your Will

How do you choose who the executor of your will should be? An executor is the person or trustee company who will manage your estate after you die. Your Will names the executor, and gives them power to deal with your estate in accordance with the terms of your Will....
How To Lose A $2 Billion Inheritance

How To Lose A $2 Billion Inheritance

In just a few years since inheriting a fortune from a company founded by their grandfather, brothers Malvinder and Shivinder Singh have managed to lose $2 billion – an astronomical sum. Their story seems to affirm the axiom of “shirtsleeves to shirtsleeves in...
How To Write a Will To Prevent An Estate Battle

How To Write a Will To Prevent An Estate Battle

Is it possible to write a will that can prevent an estate battle? You won’t have any control over what happens once you die, but there are steps you can take to reduce the risk of an estate battle erupting. Creating an estate plan is the first step you can take...
Should There Be An Aged Care Royal Commission?

Should There Be An Aged Care Royal Commission?

The federal government has called a royal commission into the aged care industry, following ongoing reports of elder abuse, all while the royal commission in the financial services industry has uncovered financial abuse against older Australians. The major inquiry...
Older People Forced Into Loans Is Elder Abuse

Older People Forced Into Loans Is Elder Abuse

Elder abuse is any form of mistreatment that results in loss or harm to an older person. It is further categorised into physical, sexual, emotional and financial abuse. Financial abuse is most common kind of elder abuse, and it involves the improper or illegal use of...
What is a Right of Residence?

What is a Right of Residence?

A right of residence is created when you include a clause in your will that gives a specific person the right to live in one of your properties for a specified period. The most common scenario for a right of residence is giving a surviving spouse the right of...