An Executor or Administrator (“Personal Representative”) is bound to administer a deceased person’s estate according to the Will or otherwise, according to Law. However Personal Representatives are frequently provided discretion as to how the deceased person’s estate is distributed (for example, where a Will creates a Discretionary Testamentary Trust) and in exercising those discretions, beneficiaries…
Category: Wills & Estates
What happens if there is no Enduring Power of Attorney
This is article 3 of 5 related to Life Planning. We recently discussed what an Enduring Power of Attorney covers. This article is about what happens if there is no Enduring Power of Attorney in place. To appoint an Enduring Power of Attorney for your personal and financial needs, please contact Troy on 4638 1133…
What an Enduring Power of Attorney Covers in QLD
This article is Part 2 of 5 related to Life Planning. We are covering the difference between Wills, Powers of Attorney and Enduring Powers of Attorney… plus a few things to consider when having your Enduring Power of Attorney drafted. Should you need to review your Will, Power of Attorney or Enduring Power of Attorney, please…
Are DIY or Dirt Cheap Wills Legal?
This article is Part 1 of 5 articles related to Life Planning. We’ll be covering Wills, Enduring Power of Attorney, Superannuation and what happens when these are not structured correctly. Should you need to make a Will or Enduring Power of Attorney, please contact our Estate Planning team on 4638 1133. Making a Will…