Your guide to setting up a Trust BY SHARE ARTICLE Setting up a Trust is a powerful tool in estate planning, offering a secure and efficient way to manage and protect your assets for the future. But what exactly is a Trust? At its core, a Trust is a legal arrangement...
The benefits of establishing a Trust BY SHARE ARTICLE A Trust is a legal framework where a Trustee manages assets for beneficiaries, set up by a grantor who transfers a settlement sum into the Trust. Used extensively in estate planning, Trusts provide benefits such as...
The two types of Power of Attorney in Western Australia BY SHARE ARTICLE In many instances, third parties (including your family) are unable to make financial or legal decisions on your behalf without a Power of Attorney. What exactly is a Power of Attorney? In this...
“The curse of the homemade will strikes again” BY SHARE ARTICLE This line is contained in the opening paragraph of a recent short judgement by Master Sanderson of the WA Supreme Court in the matter of the Estate of Korbl, dealing with an application to...
Is an Australian Death Duty Inevitable? BY SHARE ARTICLE As the saying goes, there are only two certainties in life – death and taxes; but is a death tax for Australia also a certainty? Death duties were abolished in Australia in 1979 and we are one the last...
Civil Penalties for Unfair Contract Terms BY SHARE ARTICLE Since November 2016, section 24 of the Australian Consumer Law has rendered unfair terms in consumer contracts void and unenforceable. Unfair contract terms typically captured by this provision are terms that:...
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