by kristy@thecollectiveco.com.au | Jun 18, 2020 | Estate Planning, News
In this VLOG Camille looks Testamentary Trusts and their benefits What is a Testamentary Trust? A testamentary trust is essentially just a trust created under your will, and it only comes into effect after you pass away. You may have heard of family trust, that...
by kristy@thecollectiveco.com.au | Jun 15, 2020 | Estate Planning, News
In this VLOG Camille looks at the DIY Will and why you should avoid them. Why should you seek proper legal advice? Unfortunately we see first hand the expensive mess left behind when people attempt a DIY Will. Homemade Wills often cause significant delays in...
by kristy@thecollectiveco.com.au | May 20, 2020 | Estate Planning, News, Property
Research shows that around 50% of people in NSW do not have a Will. So what are the consequences if you die without a Will? A person who dies without a Will is said to have died “intestate”. The assets of a person who has died intestate are distributed according...
by kristy@thecollectiveco.com.au | May 14, 2020 | Estate Planning, News
When delving into the world of estate planning, it is important to consider the treatment of a disabled beneficiary under a Will. Some common concerns that clients have include: How an inheritance will impact on the disabled person’s pension entitlements Protecting...
by kristy@thecollectiveco.com.au | Apr 27, 2020 | Estate Planning, News
In this VLOG on role of an appointor in a Discretionary Trust Deed or Family Trust Camille explains the importance of making sure the nominated person is the right one for the role. What is the role of an appointor? Discretionary trust deeds can also be...
by kristy@thecollectiveco.com.au | Apr 23, 2020 | Estate Planning, News
The legislation regarding Electronic Signatures on documents has just been amended in NSW. This is fantastic news as it allows witnessing of wills, powers of attorney, enduring guardianship, deeds or agreements, affidavits and statutory declarations to be done via...