Why it is important that you tell your solicitor about stepchildren

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 […]

Why it’s beneficial to have a corporate trustee

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 […]

Importance of comprehensive estate plan review

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 […]

Conflict clauses in Enduring Power of Attorney documents

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 […]

Don’t think you need a Will? Think again!

It is alarming how many people, especially those with underage children, who do not have a will.  There are five basic reasons why you should have a will if you have children under the age of 18:

You can appoint a guardian.  The old wives’ tale that your children will go to their godparents […]

1.         My children will go to their godparents when I die. 
This is not true.  The only way to create certainty about who will look after your children in the event that both you and your spouse pass is to make a will and appoint testamentary guardians.
2.         My estate will just go to my spouse […]