Wills and EPOA

future inheritance in divorce settlements australia | Dandenong Family Lawyers

Future Inheritance in Australian Divorce: 3 Key Factors

Understanding the complexities of future inheritance in divorce settlements is crucial for anyone navigating the family law system in Australia. This topic can significantly impact the division of assets and financial outcomes post-divorce. In Australia, future inheritances are generally not considered part of the asset pool in divorce settlements. The Family Law Act 1975 governs […]

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does power of attorney override executor | Dandenong Family Lawyers

Power of Attorney vs. Executor: 4 Key Differences Explained

When dealing with estate planning and administration, it’s important to understand the distinct roles of a Power of Attorney (POA) and an executor. The Power of Attorney does not override the executor. The roles of a POA and an executor are separate and function at different times – a POA operates during a person’s lifetime,

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tax return for deceased person australia | Dandenong Family Lawyers

Tax Return for Deceased Person Australia

Handling the tax return for deceased person Australia is a crucial responsibility that often falls on the shoulders of the executor or the administrator of the deceased estate. It involves understanding the legal requirements, gathering necessary documents, and ensuring all tax obligations are met to avoid legal or financial issues. Understanding the Tax Obligations When

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financial power of attorney victoria | Dandenong Family Lawyers

Financial Power of Attorney Victoria: A Comprehensive Guide

Financial Power of Attorney Victoria (POA) is a legal document that grants a chosen individual (the attorney) the authority to manage the financial affairs of another person (the principal). This arrangement is typically set up to ensure that a person’s financial matters, such as banking, investments, and property transactions, are handled appropriately should they become unable to

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rights of beneficiaries of a will victoria | Dandenong Family Lawyers

Rights of Beneficiaries of a Will Victoria: 7-Point Comprehensive Guide

Rights of Beneficiaries of a Will Victoria When someone passes away, their will outlines how their assets should be distributed among designated beneficiaries. In Victoria the rights of these beneficiaries are protected under specific legal frameworks, ensuring they receive what has been bequeathed to them. This article explores the rights of beneficiaries of a will

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share inheritance spouse | Dandenong Family Lawyers

Do I Have to Share My Inheritance With My Spouse?

The question of whether you are obligated to share your inheritance with your spouse involves several considerations. In Australia, whether inheritance is included in the asset pool for division during a divorce depends on factors such as the timing of the inheritance, its use, and the couple’s financial circumstances. If the inheritance is received during

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how much does an executor of a will get paid in australia | Dandenong Family Lawyers

How Much Does an Executor of a Will Get Paid in Australia

In Australia, the compensation an executor of a will receives, known as an executor’s commission, can vary. Generally, it is not a fixed amount but a percentage of the estate’s value, typically ranging from 1% to 5%. This commission is meant to reimburse the executor for the time, effort, and expenses incurred in administering the

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cost of making a will with a lawyer | Dandenong Family Lawyers

Cost of Making a Will With a Lawyer: 3 Important Factors

One of the primary concerns for many when considering the creation of a will with the assistance of a lawyer is the costs involved. In Australia, the price can vary significantly depending on several factors, including the complexity of your estate, the experience of the lawyer, and the specific services you require. Generally, you can

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