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...
by kristy@thecollectiveco.com.au | Feb 3, 2020 | Estate Planning, News
Superannuation is becoming one of the largest (if not the largest) asset a person holds at the time of their death. Given your superannuation must be paid out upon your death, it is important to consider how this money will be dealt with as part of your broader estate...
by kristy@thecollectiveco.com.au | Jan 15, 2020 | Estate Planning, News
Is one of your new year resolutions to get on top of your life admin? Do you have up to date estate planning documents? Australians are generally pretty good at making sure they have adequate insurances to cover circumstances relating to health, cars and property....
by kristy@thecollectiveco.com.au | Sep 2, 2019 | Estate Planning, News
A basic estate plan should have 3 essential documents including a Will, Power of Attorney and Enduring Guardianship. As you can see from the diagram below, a Will covers your assets in the event of your death whereas the Power of Attorney and Enduring Guardianship...
by kristy@thecollectiveco.com.au | Feb 11, 2019 | Estate Planning, News
Previously it was common practice for individuals with assets in Australia and overseas to prepare a Will in each country where they held assets. This was to ensure the requirements for a valid Will were met in each country given differences in rules between...
by kristy@thecollectiveco.com.au | Nov 28, 2018 | Estate Planning, News
Even though a Will is one of the most important documents you will ever sign, current statistics show that almost one in two Australians do not have a valid Will. According to the NSW Government, 55% of Australians have a valid Will. Of the remaining 45%, some have no...
