Last week I
assisted a client who wanted to a “quick” update of his will. The client was
quite diligent in ensuring his estate plan was kept up to date and explained
that he has updated his will on a number of occasions as circumstances in his
life changed. He was also what I would consider a sophisticated […]
I was reminded
again this week of the importance of having at least one backup executor, especially
in a situation where only one executor is appointed in the first instance.
In this case the
will maker appointed her husband as sole executor and beneficiary and her
children as further beneficiaries in the event that her husband predeceases her
(admittedly […]
Whether it is your self-managed superannuation fund or your family
trust, it can be beneficial having a corporate trustee rather than an individual
trustee. Here are just a few of the advantages you will enjoy:
When adding a person as
trustee, it will be less work intensive with a corporate trustee because with
individual trustees when you add one […]
Just recently a client asked why we sent a letter to him
and his wife reminding them to review their estate planning documents, as he
believed that it had not been that long since they initially prepared their
documents. When I mentioned to him that it had been 10 years since they last did
their wills, he was […]
We at Cooke & Hutchinson Lawyers have focused a great deal the last couple of months on elder abuse and this is because of the increase in the number of cases we have seen in a very short timeframe. So when we see articles in a newspaper or a magazine which encourages people to […]
A significant life
changing event occurs when you either buy or sell a business.
The excitement of
becoming a new owner or retiring after years of toil could prove to be a
nightmare if details of the sale are not properly documented (including how the
parties deal with transferring employees).
Employees may fall
into different categories such as casual, permanent or […]
