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What is a Mutual Will? A mutual will is a legally binding contract between two parties, containing a promise that they will not revoke their wills which are subject of the contract upon the passing of one of them, without the consent of the other party or their personal legal representative. They provide protection for property that is brought into a relationship for the benefit [...]
Have you ever wondered what might happen to your pets after you die? You may have family members who you are certain will care for your pets in the event of your death, but to be sure that occurs, you should consider making a provision for your pets' care in your Will. Although we often consider our pets as part of our family, as far [...]
When someone close to you dies, it is always a difficult time. However, if it comes as a shock that the Deceased has not remembered you in their Will, it can be very upsetting. While the law recognises that when making a will, a person (the Testator) has the right to deal with their estate as they wish, there is legislation in place to protect [...]
We usually recommend that our clients consider appointing another person to act as their attorney, pursuant to an Enduring Power of Attorney document, in case they become unable to manage their own affairs through lack of capacity or sudden illness or injury. The use of these Powers of Attorney is generally in accordance with the obligations cast upon the attorney by the appointment but, occasionally, [...]
So you and your partner have decided that you would like to have children together. But what if one of you dies before you conceive? This is not a question that many couples trying to conceive ask themselves. Although not a common event, the questions surrounding posthumous in vitro fertilisation bear thinking about. Posthumous conception involves the conception of a child after one or more [...]
The concept of the “Bank of Mum and Dad” is one that has been frequently aired in the mainstream media in recent years. The practice of obtaining financial assistance from parents or relatives has assumed prominence because of the rapidly rising prices of real estate in Australia and a community perception that, without such assistance, younger people may be unable to secure a foothold in [...]
It is often the case when people remarry or when an adult child resides with their parents that there is a need to consider the continuing occupation of a new spouse or child following the passing of the owner of the family home. When the owner of property passes away, the beneficiaries of the will become entitled to the benefit of the property and the [...]
An Advance Care Directive is a written statement of your wishes for your future health care. It comes into effect only if you are incapable of making health care decisions for yourself or communicating your wishes. Why make an advance care directive? You may have already appointed an Enduring Guardian to make decisions about your personal care and to give formal consent to medical treatment [...]
The very recent case of Moore v Aubusson [2020] NSWSC 1466 illustrates the dangers of not making your testamentary plans clear and in writing during your lifetime. It was found that a verbal promise made by Ms Barbara Murphy (deceased) to her neighbours prior to her death substantially supplanted the contents of her Will. The promise resulted in the transfer of two properties on Louisa [...]
Generally, an unsuccessful party who commences or contests litigation generally pays the successful party's costs. When a claim is made against an estate there can be significant money expended which would otherwise flow to beneficiaries. When making wills or when administrating an estate every care should be taken to prevent estate assets being consumed in legal disputes. Recent decisions handed down by the Supreme Court [...]
