assets Archives - Legalwill

Understanding Enduring Power of Attorney

Whether you are putting your own financial affairs in order or are concerned about the mental health of a close friend or relative, the different kinds of power of attorney, and the different state regulations, can make putting provisions in place for mental incapacity seem off-puttingly complicated. Don’t panic: here’s our easy guide to get …

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by Legal Will

>Without a will, the legal procedures are more complicated and time-consuming and may cause additional expense, worry and hardship to your family and loved ones. The law provides a formula which sets out who is entitled to the property of a deceased person who has not left a will. The formula may not distribute your …

Continue reading "What happens if I do not make...

by Legal Will

>Yes, you should have a will. You have spent a lifetime building your portfolio. If you are concerned about who will receive your assets and personal property, you can determine the rightful recipients by creating a will. A will protects your family and loved ones and assures that your assets are distributed according to your …

Continue reading "Should I Have A Will?"

by Legal Will

>Distributing of your property after your death and making some provisions are the primary objectives of a will. Here are some points that you need to put into mind when distributing your properties and assets: Make proper provisions for your spouse, children, or ex-nuptial children. The Family Provision Legislation declares that family members and dependants …

Continue reading "Distribution of Property through a Legal Will"

by Legal Will

> A Will is the best way for you to ensure that your possessions will be distributed to the right people in the event of your death. Without a Will you cannot be sure that your assets will go to your loved ones. Your possessions will be distributed in accordance with government rules known as the …

Continue reading "Benefits of having a Will"

by Legal Will

Anyone who is over the age of 18 and is of a sound mind can make a valid Will and should do so. Anyone who made a Will a long time ago should consider making a new Will. Anyone whose circumstances have changed – perhaps through marriage, the birth of children, divorce, remarriage, or the …

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by Legal Will

The simple answer to this is Yes. It is recommended that you complete separate Wills known as “Mirror Wills”. In other words they are separate Wills that provide reciprocal benefits.

by Legal Will

A Will is a written document, in a specific format, which is designed to carry out your wishes in regards to your assets after your death. It can also provide instructions to your Executor/s on other matters, such as selecting guardians for your infant children, and your funeral/burial arrangements. A Will only comes into effect after your death. …

Continue reading "What is a Will?"

assets

Understanding Enduring Power of Attorney

What happens if I do not make a will?

Should I Have A Will?

Distribution of Property through a Legal Will

Benefits of having a Will

Who should make a Will?

Does My Spouse or De-facto Spouse Require a Separate Will?

What is a Will?

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