FARM SUCCESSION PLANNING CHECKLIST Succession planning for a farm is crucial for ensuring the smooth transition of ownership and management to the next generation or successor. Here’s a...
Agreeing to be executor of an estate means accepting obligations to the tax office. As the executor, you are answerable to the taxpayer for all of the estate's income and take over the...
Who pays land tax? If you own, or jointly own, any property in NSW that is not your principal place of residence (your home) and the total taxable value of your land exceeds the land tax threshold...
Where should you keep your will? Keep your will in a safe place. It is preferable not to keep the will yourself in case it is mislaid. If the will is mislaid, it may be presumed to have been revoked...
An Enduring Guardian is someone you appoint, at a time when you have capacity, to make personal, health or lifestyle decisions on your behalf should you lose the capacity to make them for yourself...
A will prepared without legal advice may not express the deceased's intentions. There are many cases looking at ‘homemade’ or ‘DIY’ wills. In one case, the Courts had to...
A Power of Attorney is a document you can sign to appoint another person (your attorney) to act for you in relation to financial affairs. The document says what the attorney is authorised to do, and...