What Happens If A Deceased Estate Lacks Funds To Pay Owed Taxes?
May 2, 2024    Estate Planning Lawyers Perth
What Happens If A Deceased Estate Lacks Funds To Pay Owed Taxes?

It’s disheartening to lose dear ones and even more disheartening when you fail to manage the deceased estates. In every culture and nation, estates are the real assets to gift to your posterity and preserve it as a legacy. Still,...

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Revocable vs Irrevocable Testamentary Trusts: What’s The Difference?
April 5, 2024    Estate Planning Lawyers Perth
Revocable vs Irrevocable Testamentary Trusts: What’s The Difference?

Revocable and irrevocable trusts help to protect an individual's assets and save them for specific beneficiaries. Every trust includes a grantor or creator of the trust, beneficiaries who will inherit the assets, and a trustee responsible for handling and distributing...

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Testamentary Trust – Types, Advantages & Disadvantages
February 21, 2024    Estate Planning Lawyers Perth
Testamentary Trust – Types, Advantages & Disadvantages

Testamentary trusts are the trusts formed by a Will maker, and they are created concerning the Will, which comes into effect after the death of the Will-writer. The assets set to be distributed to the beneficiaries are kept on hold till...

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Personal Or Legal Executor and Trustee – Whom Should I Appoint?
February 1, 2024    Estate Planning Lawyers Perth
Personal Or Legal Executor and Trustee – Whom Should I Appoint?

Planning for the administration of your assets and properties after death is a matter of great deliberations. If you've been planning to draw up a will- to preserve your assets, provide for your family, or ensure the correct treatment of...

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What Happens When Dispute Occurs Between Executors Due To Disagreement?
January 4, 2024    Estate Planning Lawyers Perth
What Happens When Dispute Occurs Between Executors Due To Disagreement?

Typically, a person's Estate will determine how their possessions are divided after death. The "Executor" of the decedent estate is the individual in charge of allocating and overseeing these assets. There are situations when a will names multiple executors, and...

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