Do you have an estate plan? Estate planning details the wealth management practices your beneficiaries should initiate once you pass away. Below is an extensive piece on what to consider when creating an estate plan. Consolidate Your Assets Asset consolidation is a critical aspect of any estate plan. Ideally, you should ensure all your assets are in your name. For instance, if you have inherited or purchased assets recently, ensure they are registered in your name.
19 June 2023
A will should reflect your preferences at different stages of life. Life is dynamic, and various attributes of your life change unpredictably. Luckily, lawyers adjust wills using codicils. You may also require a new will in case the changes are substantial. This piece discusses circumstances when you should change your will. Change in assets Over the years, your estate might increase or decrease in value. For example, you might purchase a new house, vehicle or items of sentimental value.
28 December 2022
Conveyancing refers to the legal transfer of property ownership and is required for all residential sales and purchases. It's typical to hire a conveyancing solicitor to handle all aspects of conveyancing, as there are many steps involved at each stage of the process and conveyancing solicitors specialise in the transfer of property ownership. The main stages can be split into pre-contract, pre-completion and post-completion, and a conveyancing solicitor will carry out different tasks depending on whether they are assisting buyers or sellers.
30 August 2022
After your loved one dies, you may find out that you're left out of their will. Sometimes, this exclusion doesn't require court intervention. However, if you were wrongfully excluded from the will, you can contest the validity of the testator's will. Take a look at instances when you can legally contest a will. The Testator Was Mentally Incompetent If you can prove that the testator wasn't of sound mind when drafting or signing their will, a court may invalidate the will.
24 February 2022
Though rear-end collisions may seem less tragic than other types of car accidents, they can still result in serious injuries and even death. If you were hit from behind and sustained injuries, there's a chance that the other driver may be liable for your medical bills, lost wages and property damage. Here's more information on the different parties that could be liable in a rear-end collision. The Trailing Driver Generally, drivers should maintain a safe distance between vehicles on the road and follow traffic laws such as stopping at red lights.
24 February 2022
If you have been accused of a crime that you did not commit, your first reaction may be to champion your cause and tell all and sundry that you were not guilty of this particular charge. You may feel that this is a gross injustice and that you have a reputation to uphold, so you may be very tempted to take matters into your own hands and state your case. Yet this may be the wrong approach entirely and could backfire, so what should you do instead to make sure that this matter is resolved correctly?
9 November 2021
Most people would want to live in a retirement village in their senior years. These facilities offer seniors high-quality life, independence and dignity in their retirement years. If you wish to join a retirement village, a few legalities could deter or encourage you to purchase a home in the complex. These legalities are often detailed in the retirement village contract. The article below explains some of the things to look out for in the retirement village contract and how you can address retirement village entry.
2 August 2021