What is a Testamentary Discretion Trust (“TDT”)? Do I need one?
A TDT is a trust which is set up under your will on your death. A TDT allows your estate assets to be held in trust (or trusts) for your nominated beneficiary/ies. It provides a structure to manage and distribute your estate assets. Who are the parties involved in a TDT? The TDT has four […]
Estate Planning | Why is it important during COVID-19?
Want to update your Will but concerned about social distancing? See below for our Low to Zero contact options. In recent weeks we have seen a significant uplift in clients updating their Wills & Enduring Powers of Attorney, and new clients getting an Estate Plan for the first time, but WHY? There are two very […]
What to do about a loss of benefit in estate
Compensation for beneficiaries under the Powers of Attorney Act When a person has executed a will which provides for a specific gift (for example a house) to be given to a beneficiary upon his or her death, at general law, the gift will fail if no property in the estate matches the description of the […]
114 year-old Australian college can't be sold due to founder's will
The historic Australian all-women’s university Sweet Briar College will be closing soon. However, the founder I. F. Williams’ will protects this estate from any sale.
3 things to consider when choosing your will's executor
There is a lot to carefully consider when drafting your last will and testament, particularly how to choose an executor. Expert lawyers can help manage the process.
