Dealing with the estate administration process can be a difficult time, especially after the recent loss of a loved one.
The process and procedures can often be daunting, especially as most people have never acted as an executor.
We can guide you through the process and explain all the process and procedures in acting as an executor:
- locating the Will (a copy will normally be found with the deceased’s ‘important papers’ or with their lawyer and financial advisors);
- acting in the best interests of the beneficiaries of the Will;
- protecting the assets of the estate (such as maintaining any insurance policies on any estate assets);
- determining the assets and liabilities of the estate applying for a grant of probate; and
- collecting estate assets, paying any liabilities and distributing the estate in accordance with the Will.
Private Clients| 28 Nov 2023
We outline the key factors courts will take into account when answering the question of what is ‘adequate’ provision for a person who is eligible to make a claim, and has not been sufficiently provided for under the Will.
Private Clients| 21 Nov 2023
If a person believes they have not received adequate provision under a Will or pursuant to the laws of intestacy, they may claim a greater share of the estate. These claims are known as family provision claims.
Private Clients| 16 Nov 2023
The trust deed for a family trust is an essential trust document. If the original trust deed is lost, misplaced or accidently destroyed, this can lead to adverse financial and tax consequences.
Private Clients| 13 Nov 2023
Trust disputes can be particularly complex as they often involve numerous areas of law, including trust, equity, succession, commercial, tax, and superannuation.