A testamentary trust, or TT as it’s known in the estate planning world, is a trust that is created through a will. Unlike a family trust, which is established during a person’s lifetime, a testamentary trust comes into effect only after the will-maker (the testator) passes away.

Understanding the structure and processes of the court system is crucial for anyone involved in or contemplating legal action. The podcast also takes you through why civil litigation is lengthy and expensive. Let’s delve into the details together!

When entering a private nursing home, you are typically required to pay a rooming accommodation deposit. The amount varies widely, ranging from $230,000 to nearly a million dollars, depending on the nursing home and the facilities offered. You can pay this deposit in full upfront or make a partial payment and cover the remaining amount through weekly payments, calculated using a special formula by the nursing home.

Superannuation nominations determine who will receive your superannuation benefits when you pass away. This is a critical component of your estate plan, and understanding your options can help ensure that your wishes are honoured.

Blended families, composed of spouses with children from previous relationships, require careful consideration when it comes to estate planning. While couples may be aligned in their relationship, differing family dynamics and financial backgrounds can lead to complex estate planning scenarios.

When you’ve been appointed executor by someone’s Will, or by way of the laws of intestacy, you are required to administer their estate. This process is called estate administration. This article delves into the intricate process of managing a deceased’s estate and the essential steps you need to know and understand in your role.

Losing a loved one is undoubtedly one of life's most challenging experiences. Amidst the emotional turmoil, there's also the practical matter of handling the deceased's affairs. In this article, we'll explore the essential steps to take when someone passes away.

It's natural to be concerned about the well-being of your furry companions after you're gone. Pets are more than just animals; they're beloved members of the family for many people. However, it's essential to understand that pets cannot be direct beneficiaries in a will. Legally, they are considered property and cannot inherit assets or money.

Aren't these the same?! Nope! Listen and find out why when we delve into the difference between a Power of Attorney and Enduring Power of Attorney and why you may need one, the other or both!

Aren't these the same?! Nope! Listen and find out why when we delve into the difference between a Power of Attorney and Enduring Power of Attorney and why you may need one, the other or both!

Joint tenants vs. Tenants in Common - you've probably heard these words but do you know what they actually mean? In this episode we take a dive into the history of land ownership and how your holding of property can affect your estate planning.

In this episode we discuss the special features we recommend putting into your enduring powers of attorney, when they should kick in and who you should appoint as your attorneys.

In this episode we explore why a DIY Will might be a good idea for the hip pocket, but not for your loved ones after you pass. Come find out why!