Find us

6/11 Prince of Wales Avenue South West Rocks,
PO Box 16 South West Rocks NSW 2431

T 02 6566 6250

Level 1 22 Belgrave Street Kempsey
PO Box 161 Kempsey NSW 2440

T 02 6562 3300

Posts Categorized: Wills & Estate Planning

What is an executor?

One of the most important decisions when planning your estate is who your executor should be. What is an executor? An executor is an important role in your will. The person you choose as your executor handles all of your personal, business and financial affairs on your death. Their role is to respect your wishes and distribute your assets as […]

Read more

Grant of probate

Grant of Probate

In Estate matters, we often get asked why a grant of probate may be required. When a person passes away, their estate must be administered. The deceased may have had minimal assets, such as a car and a small amount in a bank account.  In this case, the estate can be straightforward requiring only a death certificate to sell and […]

Read more

Testamentary Capacity

How does testamentary capacity affect a will?

A will is a legal document instructing on the distribution of a person’s assets after their death.  Anyone over 18 can make a valid will, as long as they have “testamentary capacity”. What is testamentary capacity? Testamentary capacity means that a person has the required mental capacity to make a will.  It refers to a person’s mental capacity opposed to […]

Read more

appointment of enduring guardian

Why do I need an Appointment of Enduring Guardian?

What is an Appointment of Enduring Guardian? An Appointment of Enduring Guardian allows you to appoint a person to make health and lifestyle decisions for you if you no longer have the capacity to make such decisions yourself. You can appoint an enduring guardian as long as you are over 18 years old and understand what you are signing. How […]

Read more

Executor and estate administering

How to deal with an estate as the executor

When someone passes away, there are a number of steps the executor/s need to take in order to administer the estate. What is an executor? The executor/s are named in the will and are usually a close family member, friend or solicitor whom the deceased felt would be capable of the important task of administering their estate. Your role is […]

Read more

Self-Managed Superannuation Fund (SMSF)

What you need to know about Self-Managed Superannuation Funds (SMSF)

A Self-Managed Superannuation Fund differs from a superannuation fund managed by a fund manager, such as a large corporation or industry body. A self-managed superannuation fund is managed by you. A major benefit of a self-managed superannuation fund (SMSF) is that you have control over your funds and the way in which they are invested. The main benefits of an SMSF […]

Read more

What is a Power of Attorney?

What is a power of attorney? We often get asked this common question. So, what is a power of attorney? A power of attorney is a legal document appointing someone to act on your behalf in your property and financial matters. The person who makes the power of attorney is the “principal”. The person appointed to act on your behalf […]

Read more

The cost of NOT having a will

The cost of NOT having a will

What are the consequences if you were to die without having made a will? The cost to your family when administering your estate could be quite significant. This would certainly be the case if you have a substantial amount of property, which could include: • Real estate; • Shares; • Motor vehicles; • Bank accounts; • Personal property of value. The purpose of a will […]

Read more

Can I contest a will

Can I contest a will?

You can contest a will if you feel you have been inadequately provided for or left out altogether. There are plenty of reasons why you may feel that you have not been adequately provided for in a will. The law allows certain eligible people who feel they haven’t been fairly provided for to make a claim and contest a will. […]

Read more

Death of a loved one. Estate Planning

Death of a Loved one… What you need to know

Losing a loved one is a traumatic time in your life. Often it will be the hardest thing we deal with in life. Whether expected or not, it’s never easy. As cliché as it sounds, only time can ease the pain. Moving forward may seem hard, but it’s likely a plan has been set in place by your spouse to […]

Read more