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Do You Inherit Debt in Australia? What Happens to Debts When Someone Dies in NSW

Do You Inherit Debt in Australia? What Happens to Debts When Someone Dies in NSW

by Erika Hanrahan | Sep 15, 2026 | Estate Planning, Insights, News, Probate

When someone dies, their family may be left with questions about outstanding loans, credit cards, mortgages and other financial obligations. One of the most common concerns is whether those debts pass to their spouse, children or other beneficiaries. In most cases,...
When Should You Update Your Will? Key Life Events That Trigger a Review

When Should You Update Your Will? Key Life Events That Trigger a Review

by Erika Hanrahan | Sep 8, 2026 | Estate Planning, Insights

A Will made a decade ago, for a life that’s changed substantially since, can end up doing more harm than having no will at all, because it looks current, even when the law itself has already moved it aside. Marriage Can Revoke Your Will Under the Succession Act...
What Happens If You Die Without a Will in NSW?

What Happens If You Die Without a Will in NSW?

by Sarah Lamb | Jul 29, 2026 | Client focus, Cost of a Will, Estate Planning, Insights, Personal, Wills

In short: if you die without a will in NSW (known as dying “intestate”), your estate is divided by a fixed legal formula under the Succession Act 2006 — which may not reflect your wishes. A will lets you decide who inherits, who raises your children, and...
How Much Does a Will Cost in NSW? A Clear Guide for 2026

How Much Does a Will Cost in NSW? A Clear Guide for 2026

by Sarah Lamb | Jul 22, 2026 | Client focus, Cost of a Will, Estate Planning, Insights, Personal, Wills

In short: we charge a fixed fee for a straightforward will, while a will with a testamentary trust or more complex family, business or superannuation needs costs more. At Southern Waters Legal, we quote your fixed fee upfront at your initial consultation — before any...
Testamentary Trusts and the 2026 Federal Budget

Testamentary Trusts and the 2026 Federal Budget

by Erika Hanrahan | Jun 4, 2026 | Business Law, Capital Gains Tax, Estate Planning, Insights

The Crackdown on Discretionary Trusts The 2026-27 Federal Budget has dropped. Buried beneath the headline economic figures are some of the most significant changes to trust and estate taxation in recent years. If your Will includes a Testamentary Trust, or your family...
Can I Access Inheritance Before Probate in NSW? Estate Funding Options Explained

Can I Access Inheritance Before Probate in NSW? Estate Funding Options Explained

by Erika Hanrahan | Mar 3, 2026 | Estate Planning, Insights, Probate

Why Probate and Estate Administration Can Create Financial Pressure A common question we hear at Southern Waters Legal is: “Can I access money from an estate before probate is finalised?” In certain circumstances, there may be options available.  Before estate assets...
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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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