Anyone who has been appointed an executor of a deceased estate would agree that the role can be time consuming and require considerable effort. The role comes with legal duties, responsibilities and possible exposure to personal liability. An executor is required to undertake many tasks including: identifying assets and liabilities, applying for probate, defending the...
If death doth give me home for life Such interest might place me in strife For after all, my life is marked By he who follows when I’ve carked For he gets nil – and that’s for certain While being a Remainderperson Anon Wordsworthless – (Poet Lorikeet) Although some practitioners look at life estate as...
The period between separation and divorce is a perilous time for those with Wills. This is because generally marriage separation has no direct impact on a Will – it remains valid, including all the provisions in the Will in favour of an estranged spouse. Equally, if a person dies intestate (without a Will) after recently...
In this article, we explore some of the complications that can arise in administering a deceased estate, and why it is often wise to ask a solicitor to help with the process. After someone passes away, complications can arise at the very beginning with the will or lack of a will or interpretation of the...
There is no doubt that preparing a will is a vital step in your estate planning. However, there are many other important factors to consider. Did you know that not all of your assets can be dealt with by your Will? Before you can decide who should benefit from your estate, you need to have...
Nobody likes to think about the consequences of passing away, but unfortunately it is a fact of life. Having a proper Will in place will not only ensure that your wishes are honoured and upheld after your death, but it will also provide your loved ones with invaluable guidance and peace of mind in an...
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