Wills and Estate

Finding the perfect lawyer who specialises in the exact area you need assistance with can be quite the challenge. Let’s face it: browsing through law firms websites can feel confusing. But fret not… We’ve got you covered at GLG Legal Springfield. Here are a few essential factors to consider when searching for and hiring a…

A succession plan becomes necessary once a business owner wants to step down from their role or pass it on to your family’s next generation. It’s an insurance policy that allows you to let go of your current role while establishing continuity for your company even after you’re gone. Unlike last will and testaments, a…

If you believe that you were not adequately provided for in a Will, you may be able to contest the Will. This is a legal process whereby you can challenge the validity of the Will.  There are a few primary ways to contest a Will in Australia. The first is to prove that the Will…

While it is possible to create your own estate plan, you should not try to do it without the guidance of an experienced estate planning lawyer. The legal and financial implications of an estate plan can be complex and may have lasting effects on the lives of your loved ones. The best estate plans don’t…

In business, a lack of a succession plan can have long-term consequences. A rushed approach to succession planning also detrimentally affects talent management. Considering how important it is, you’ll want to ensure that you get succession planning right. This is easier said than done as succession planning can be rather tricky to manage. To help…

Disputing a will typically means questioning either its legal validity or the adequacy of the provisions left to an eligible individual, such as a husband, wife, de facto partner or child. When validity is contested, the claim may allege that the will was falsified, created under coercion or executed when the deceased lacked the necessary…

A deceased person communicates their last wishes through a will. This legal document instructs how a testator wishes to distribute the wealth they have accumulated in their lifetime. However, there is no such thing as an air-tight will. Over 50 per cent of wills in Australia are challenged. Concerned parties hire wills and estate lawyers…

The significance of succession planning in family businesses cannot be overstated. According to studies, just 30% of family companies survive in the second generation, and 15% survive in the third generation. Given the prevalence of family businesses in Australia, failure rates are alarmingly high, and families must address problems inside their family enterprises.   Typical…

Most people don’t realise the true essence of estate planning until it’s too late. It is especially true for those who think they don’t have that many assets in the first place. However, estate planning will make you realise that isn’t the case at all. While estate planning is highly beneficial to everyone, preparing it…