A Grim (not so) Fairy Tale Once upon a time, we’re told The path was set as we grew old Comfort till the day we pass Family firmly next to us Nowadays we’re not so sure Better plan for something more Have we planned as best we might? Or have we made an oversight? –...
We provide the following guidelines on two relevant matters which have arisen as a result of legislative changes and have an impact on trusts (including testamentary trusts) which relate to: changes to the excepted (exempt) income for minor beneficiaries under testamentary trusts; and the impact upon all trust deeds regarding foreign persons as beneficiaries. I am...
Please consider the following facts (which are actual, not hypothetical): Mack and Mabel owned their home as joint tenants. Due to the breakdown of their marriage, they sold their home and, as agreed, left the net proceeds of sale with the solicitors pending resolution of the division of the proceeds. Negotiations followed but no proceedings...
As you are all no doubt painfully aware, COVID-19 resulted in disruption to many areas of our lives. The social distancing restrictions made it particularly difficult to attend to the witnessing of estate planning documents since legalities dictate that the witness must be physically present during the signing of the documents. A temporary measure was...
A child is a gift I’m told A treasure who in time unfolds And soon enough, that gift from heaven Will now become the gift who’s given “I need some dough”, the plaintiff cry And parents may now wonder why Why years of scrimping never cease Till death, it seems, to keep the beasts. –...
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...
Protecting your reputation starts with simplifying the complex. This handy checklist should quickly point you in the right direction and help you understand whether you have a case, and where to start to secure the best possible outocme.
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