Is it legal to build your parent’s Wills

Is it legal to build your parent’s Wills in Australia? Children are worried about the defacto death duties of CGT, income tax and stamp duty. Adult children, in particular, don’t want to pay the 32% Super non-dependency tax. Basic Testamentary Trusts and...

How to sign a Will in isolation, lockdown and quarantine

How to sign your Wills in isolation and lockdown Due to the Coronavirus, best practice is to avoid strangers and non-family members. However, a Will is only witnessed by strangers and persons unrelated to you. During ‘lockdowns’ you cannot leave your home. The only...

Providing for your pet in your Will

  Providing for your pet in your Will – is your pet property? I grew up with dogs, cats, birds and other pets. They are now an important part of our son’s life and development. Australia has one of the highest rates of pet ownership in the world. Over...

Is your employee Mental Health Policy up-to-date?

Australian employers pay out over half a billion dollars each year for work-related mental health conditions.  For the first time, a State government has set out a code of practice for the mental health of fly-in-fly-out workers. Build on our website all the Policies...

Is my Australian Will valid for overseas assets?

  We are forever travelling. I spent two years with my wife and son to complete my doctorate in tax and estate planning in England. Many have insurance, real estate, bank accounts and pension funds overseas. You can build a 3-Generation Testamentary Trust Will on...

Can you steal money using your parents’ Power of Attorney?

    e Using a Power of Attorney to steal money In Estate Planning, you have many ways of protecting yourself and your family. For example, in your Will, you can put in a Divorce Protection Trust and make Loans to Children while you are alive. However, while you are...