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Tag: wills and estates

Executor Liability

One of the principle roles of an executor in administering an estate is to ensure that liabilities are paid and assets distributed to beneficiaries in accordance with the Will of the deceased. But what happens if after the assets have been distributed and a previously unknown creditor or beneficiary comes forward to make a claim? Is… Read more »

Do I have to discuss my will with my family?

We are often asked by clients whether they are required to discuss their will with their family or friends. The short answer to this question is no. While you are alive your will is confidential and you are under no obligation to show or discuss the contents with any person including person(s) appointed as your… Read more »

Testamentary Capacity and Statutory Wills

The purpose of a Will is to enable a person (Testator) to give instructions as to how they wish their assets to be distributed after death. To provide Will instructions a Testator must have testamentary capacity, which means that they: Understand the nature of a Will and its effect; Understand the extent of the property… Read more »

7 Significant Points in Your Life When You Should Consider Your Estate

Firstly make sure you have a will in place then consider redrafting or amending whenever there are any major changes to your life or circumstances like any of the following. Getting Married or in a Enduring Relationship To ensure your spouse and other family members are properly considered this is an important time to ensure… Read more »

Your Partner & Your Will – Power Of Attorney & Advance Care Directive

Make sure that your wills, powers of attorney and advance care directives refer to partners as such rather than just by name. An interesting article published in the Star Observer on 10 November 2015 and written by Shannon Power, identifies the issues and grief that can be caused through not understanding the steps to ensure a same… Read more »

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