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...
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...
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...
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....
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...
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...