Search results

Not because of being next of kin but because of the intestacy laws. Usually spouse gets everything if there is no will. This is an example of exactly what can happen when there is no will and no planning (it could have ended up this way even if there was a will). What if the husband were to die...

I havent seen any bypassing children but many people include giving significant gifts to grandchildren as well as their children.

I am surprised that not many are considering a testamentary trust. Very good assets protection and all the traditional tax benefits plus extra (children taxed at adult rates).

Looks like one of Australia's richest persons died without a will: http://www.followmyfootprints.com.au/estate-planning-for-life/

About 2 months ago I had to do an 'emergency' will for someone with cancer (prostate I think). I drove out to their house on a sunday and drafted it on the spot. The man was about 60 but looked in reasonable shape to me, he spoke like there was nothing wrong and I wondered if I hadn't wasted...

What do you all think about Buffett's stance of giving the children a small amount and then the rest to charity? A lot of the rich people are considering doing this now.

If you will cause your super to go into your estate you should have a separate trust in your will for the super. This way it can be segregated and go to dependants and be taxed less (or not at all).

In the safe?

Did you know powers of attorney cease to operate once your dead? Don't forget to arrange for access to financial and other documents which are stored on a cloud and/or password protected.

Sorry to hear Balwoges. can you please tell us the sorts of problems holding this commercial property would make?

Most people on the forum are building up an empire of multiple properties. If you were to die (when, not if:)) who do you intend to leave it all to?