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...

AGED CARE PART 2 – RETIREMENT VILLAGE, AGED CARE OR NURSING HOME – WHAT HAPPENS WHEN YOUR PARENTS OR LOVED ONES GET OLDER
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AGED CARE PART 2 – RETIREMENT VILLAGE, AGED CARE OR NURSING HOME – WHAT HAPPENS WHEN YOUR PARENTS OR LOVED ONES GET OLDER

We hope that you found last month’s article regarding Retirement Villages valuable and informative, (click here to read it if you missed it) and this article will follow on from that article with a focus on aged care facilities / nursing homes to enable our readers to gain a greater understanding of the options available...