Around 12 per cent of Australian families are now classified as “blended families”. What are the implications of remarrying through the lens of estate planning? When two people marry and both bring children from previous relationships, each party should update their Will as a matter of urgency. If a parent has remarried but wants to…
In Queensland, dying without a valid Will is described as dying “intestate”. The law then dictates that the estate is distributed in a specific order, which is: Spouse or de facto partner Children Parents Siblings Nieces and nephews Grandparents Uncles, aunts, and cousins In Queensland, the distribution of an intestate estate stops at the level…
Why you should have your Will prepared by a professional solicitor Choosing a solicitor to prepare your Will is one of the most effective ways to ensure your estate planning reflects your wishes and complies with Queensland law. Creating a Will is one of the most important steps in estate planning, ensuring your assets are…
Update your Will after separation or divorce in Queensland If you need to update your Will after separation or divorce, it is important to review your estate planning arrangements as early as possible. Changes in relationship circumstances can significantly affect how your estate is managed and distributed in the future. However, many people are unaware…
One of the most important questions for buyers is whether legal advice should be obtained before signing a property contract in Queensland. Buying property in Queensland can move quickly, and buyers can often feel pressured to sign a contract on the spot. However, a property contract becomes legally binding as soon as it is signed,…
It’s estimated that up to 50 per cent of Australians die without a Will – a situation known as dying “intestate”. This can cause a multitude of problems for family and loved ones left behind. Understanding why you need a Will is an important part of estate planning. A properly prepared Will ensures your wishes…
As the year draws to a close, it’s the perfect time to make sure your estate planning reflects your current wishes and circumstances. We’ve prepared a simple guide to make sure your wishes are up to date before the new year. 1. Review your Will 2. Check your Asset List 3. Update your Beneficiaries 4….
Estate planning is a critical step to ensure your assets are distributed according to your wishes. A clear, well-drafted Will can prevent unnecessary stress and disputes for your loved ones. However, some people consider creating multiple Wills to manage complex situations, such as owning property in different states or countries. While the idea of multiple…
It’s estimated that up to 50 per cent of Australians die without a Will – that’s called dying “intestate” and it can cause a multitude of problems for family and loved ones left behind. So, what exactly is the point of doing a Will? One of the most important reasons for having a Will is…
What Happens If You Die Without a Will in Queensland? If you die without a valid Will, it’s known as dying “intestate”. Dying Intestate: Who Inherits If There’s No Will? Under the Succession Act, your assets will go to your immediate next of kin, meaning your spouse or partner, your children, and your grandchildren. A…
