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...
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...
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