TESTAMENTARY TRUST – WHAT IS IT AND DO I NEED ONE?
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TESTAMENTARY TRUST – WHAT IS IT AND DO I NEED ONE?

A Testamentary Trust is essentially a trust that comes into effect upon the death of the testator (will-maker) and can be a useful estate planning arrangement in situations where extra flexibility is needed when the estate is disbursed to beneficiaries, such as circumstances where the beneficiaries are employed in high risk occupations (where their personal...

SHOULD I HAVE AN ENDURING POWER OF ATTORNEY?
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SHOULD I HAVE AN ENDURING POWER OF ATTORNEY?

While we have reiterated the importance of having a current Will in many previous articles, (click here to read more), the importance of having a current Enduring Power of Attorney is just as important as having your Will in place. While a Will provides instructions for your executors in relation to the distribution of your...

PARENTING ORDERS
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PARENTING ORDERS

Our family lawyers have been fielding a lot of questions in the past several weeks from worried parents regarding their children and parenting orders, so we thought it would be prudent to provide a brief update on the current guidelines surrounding the care of children and the operation of parenting court orders during this time....

WHAT IS SPOUSAL MAINTENANCE?
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WHAT IS SPOUSAL MAINTENANCE?

Where parties separate and one party to the marriage/de facto relationship is unable to adequately support themselves, then the other party may be required to pay spousal maintenance. A person has a responsibility, under the provisions of the Family Law Act to assist their former spouse or partner financially in circumstances where that person’s income...

BFA’s – HOW DO I PROTECT MY ASSETS FROM MY PARTNER? DO I NEED A BINDING FINANCIAL AGREEMENT?
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BFA’s – HOW DO I PROTECT MY ASSETS FROM MY PARTNER? DO I NEED A BINDING FINANCIAL AGREEMENT?

A BFA or Binding Financial Agreements, commonly referred to as “pre-nuptial agreements” or “pre-nups” are becoming increasingly popular globally as couples look to put in place safeguards and individual asset protection strategies to protect their financial position as they enter into a new relationship. BFA’s are no longer reserved solely for celebrities and multi-millionaires looking...