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Protecting Your Estate from being Contested
Contesting a Will can be a significant concern for many Australians when planning their estate, especially if there’s a family member likely to challenge the distribution of assets. Understanding the legal landscape and employing strategic measures can help ensure your wishes are respected. Here are some strategies you could implement to protect your estate from being contested under Australian law.
Borrowing Money and Receiving Gifts from the Bank of Mum and Dad
In recent years, the “Bank of Mum and Dad” has become an increasingly popular option for young adults seeking financial assistance. While this arrangement can present an appealing and generous opportunity, it’s crucial to understand the legal implications involved with borrowing money from family members. In this blog post, we’ll explore the key legal considerations to prevent future disputes or legal issues.
The Family Law Amendment (Information Sharing) Act 2023 – what you need to know
The introduction of the Family Law Amendment (Information Sharing) Act 2023 aims to improve the communication and information sharing between the Court, child protection agencies and police to protect children from family violence and child abuse and neglect.
Changes to the Family Law Act 1975 – what you need to know
The Family Law Act 1975 focuses on the rights of children and covers the responsibilities that each parent has in raising their children. Amendments to the Family Law Act were passed by the Australian Parliament on 19 October 2023 and will come into effect on the 6th May 2024. The changes are designed to improve what the courts must consider when determining what is in the best interests of a child and how separated parents are to make decisions about long-term issues for their children.
Farm Succession Planning Interview
Maggie was invited to share her insights on Farm Succession Planning on the ABC drive show with Lindsay McDougall. In the interview Maggie discussed why it’s important to “begin with the end in mind” when looking at Farm Succession and to start the process early to navigate through this often complex process. Have a listen to the replay.
The Benefits of a Farm Succession Plan
Farm succession planning is not just about passing down a piece of land or a business; it’s about preserving a way of life, ensuring the continued success of agricultural enterprises, and securing the livelihoods of future generations. There are many benefits to Farm Succession Planning including…
What is a Farm Succession Plan?
Farming succession, is the process of transferring ownership, management and operation of a farm from one generation to the next. This multifaceted transition involves the transfer of not only physical assets, such as land and equipment. But also, the knowledge and skills that define a family’s agricultural legacy.
Parenting Plans vs Parenting Orders: what’s the difference?
Separation is a difficult and emotional time for everyone, and some of the most important decisions you make are related to your children. Generally after separation, both parents retain an equal share of parental responsibility, but in some cases where an agreement cannot be made between the parents, a Parenting Plan or Consent Order is established in court.
Your first meeting with a Family Lawyer
Navigating your first meeting with a family lawyer is often a challenging and emotionally charged experience. The initial consultation is your opportunity to shed light on the complexities of your family-related legal concerns, but it’s much more than that. It’s a chance to find support, understanding, and a roadmap for the path ahead. Seeking advice from an experienced Family Law Practitioner is paramount to achieving a practical, timely, and informed resolution.
The cost of dying without a Will
Wills can be a sensitive and somewhat avoided topic for many of us. It’s quite common to put them on the back burner because they involve thinking about matters we’d rather not contemplate. Some individuals are deterred by the perceived expenses associated with creating a Will, while others simply haven’t found the time to address this important task.