In Part 2 of our Legal Life after Death series we discuss some of the practical things which happen someone passes away, who you need to notify and what assets may be frozen.
When a loved one passes away, we are often overcome with shock, loss and grief and while we know there are numerous legal and administrative steps which need to happen, it can be overwhelming knowing where to start. This 3 part blog series is designed to give you some guidance of what legally needs to happen when one of your loved ones passes away.
Estate planning involves making choices and putting a framework in place so your assets can be dealt with and decisions made on your behalf in the event that you cannot make decisions for yourself because either you have lost capacity or have passed away. Estate Planning is more than just preparing a Will, it involves a holistic review and consideration of your personal circumstances.
The sole director and shareholder company structure is a popular business model in Australia. But what happens if the sole director and shareholder becomes incapacitated or suddenly dies? How does the company continue to function when there may be no-one with the authority to run it?
10 ways you and your business can be more mindful to make this Christmas more meaningful.
Studies show that millions of adult Australians don’t have a valid Will. You spend your whole life building your wealth so it is important to proactively make decisions so your assets are distributed in accordance with your wishes.