The Voluntary Assisted Dying Bill 2021 passed by Queensland Parliament
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When to update your Estate Plan
23 August 2021 to 29 August 2021 is ‘Wills Week’ and a timely reminder to anyone who needs to update their estate plan. 1. What documents are included in my estate plan? Your estate plan includes more than just your Will. It also includes: Enduring Power of Attorney…
Binding Death Benefit Nominations: What happens to your superannuation after death?
If you have a valid will, you may assume that when you die your superannuation will automatically form part of the estate. However, this is not the case. Where you have not made a Binding Death Benefit Nomination, the superfund trustee has the power to decide who…
More Changes -Six member SMSFs
As we have come to expect, the federal Government has enacted further changes to self managed super funds. From 1 July 2021 self-managed super funds (SMSF) are able to have up to six members. Previously a maximum of four members were allowed. The majority of funds…
Executors – Know Your Duties!
One of the most important pieces of advice that a person should receive if appointed to act as executor in a Will, is that the duties of an executor in administering a deceased estate are onerous. The duties of an executor are set out in the legislation, case law and…