craig-wiseman / Financial Planning /
Australians are typically very good at spending money. Give me $1.00 and I will spend $1.10, thanks to easy access to credit (often in the form of a credit card). But there comes a time when the need to exercise some personal financial constraint becomes necessary. This may arise as a result of the loss […]
Preparing your own Will with a DIY Will Kit The post office sells them and you can even buy them online these days as well. The Do-It-Yourself Will Kit is a readily available product designed to help you to prepare your own Will – yourself. The main benefit of the DIY Will Kit is that […]
kenneth-ti / General Power of Attorney /
We’ve talked about powers of attorney and enduring powers of attorney in the past on this blog. In summary, these are instruments allowing a person (the attorney) to be given the authority to act on another person (the principal’s) behalf in relation to financial matters. The attorney must at all times act in the best […]
kenneth-ti / Wills /
Unfortunately if you pass away without a Will, nobody will know how you wanted your assets divided and who you wanted to entrust the job of carrying out your wishes. The legal terminology for this situation is “intestacy”. Under the Succession Act 2006 (NSW) what happens is that your assets will be distributed according to […]
kenneth-ti / Wills /
Life is hardly ever stagnant. People get married, have kids, buy houses, and sometimes hit the lottery. Circumstances in your life always change, and because of that, having a Will that doesn’t take into account those changes in your circumstances is hardly ever appropriate.Certainly a Will can be put together to take into account future […]