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...
by kristy@thecollectiveco.com.au | Feb 26, 2016 | Estate Planning
It’s in our nature to look out for our loved ones and one of the most valuable assets you will ever ‘own’ is your education. So it’s not surprising that we receive a number of calls from people wishing to somehow pay for the future expenses of their child or...