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Understanding Estate Challenges

Understanding Estate Challenges

by kristy@thecollectiveco.com.au | Feb 20, 2024 | Estate Planning, News

If a person has recently passed away and they left a Will, their estate could be faced with a claim against the Will.  There are two main types of claims against a Will: Challenging the validity or making of the Will; and Seeking provision or further provision from...
What Happens to Your Digital Assets When You Die?

What Happens to Your Digital Assets When You Die?

by kristy@thecollectiveco.com.au | Aug 3, 2023 | Estate Planning, News

You may have heard of using a Will to protect your physical assets when you pass away, but what about your digital assets? There is currently no law in Australia that governs what happens to your digital assets when you die, instead these assets form part of your...
How can I ensure my pets are looked after when I die?

How can I ensure my pets are looked after when I die?

by kristy@thecollectiveco.com.au | Aug 1, 2023 | Estate Planning, News

Australians and their pets Australia has one of the highest rates of pet ownership in the world. According to materials released by RSPCA Australia and Animal Medicines Australia there are an estimated 28.7 million pets in Australia, with 62% of Australian households...
A gift or a loan? Financial assistance from the ‘The Bank of Mum and Dad’

A gift or a loan? Financial assistance from the ‘The Bank of Mum and Dad’

by kristy@thecollectiveco.com.au | Jul 20, 2023 | Estate Planning, Family Law, News, Property

With increasing financial burdens on the cost of living, it is not uncommon for individuals to seek financial assistance from relatives. Many individuals may turn to the ‘Bank of Mum and Dad’ for money to assist in the purchase of a property, vehicle, or other asset....
Conditional Gifts in Wills Part 3 – The Ultimate Gift

Conditional Gifts in Wills Part 3 – The Ultimate Gift

by kristy@thecollectiveco.com.au | Jul 12, 2023 | Estate Planning, News

Jason leads an exceedingly comfortable yet ultimately shallow existence, until his billionaire grandfather Howard ‘Red’ Stevens, from whom Jason was estranged, passes away and leaves Jason an inheritance. The catch? Jason must complete 12 separate tasks within a year...
Conditional Gifts in Wills Part 2 – The Bachelor

Conditional Gifts in Wills Part 2 – The Bachelor

by kristy@thecollectiveco.com.au | Jul 10, 2023 | Estate Planning, News

If you’ve read Part 1 of this mini-series then you should have a general idea about what a conditional gift is, what grounds you can challenge it on and what it means if you’re successful in your challenge when the conditional gift is based on a condition precedent...
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We acknowledge the Dharawal people as the Traditional Owners of the land within the Sutherland Shire. We respect the Dharawal culture, language and traditions. We acknowledge the Dharawal people’s past and continuing connection to the land, sea and community.

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