What is estate planning all about? It’s about making adequate provision for those you leave behind. From a legal point of view this includes Wills, enduring powers of attorney, enduring powers of guardianship, and succession clauses in partnership, shareholder and unit holder agreements. For assistance with estate planning, see Michael Paterson & Associates.
What is Estate Planning? Read More »
We spoke to an old client yesterday. She wanted help getting probate on her late mother’s will. We could have helped her do that, but her mother’s estate is only about $10,000.00 most of which is in a Bankwest bank account. We advised her that she would not need to obtain probate and we confirmed
When Probate isn’t Necessary Read More »
I saw a lovely 79 year old lady on Tuesday. She is moving into a nursing home in Glendalough run the Little Sisters of the Poor. One of the pre-conditions to admission, besides having assets less than $40,000, is that she needed an Enduring Power of Attorney in place. I prepared an enduring power of
Here’s a sad story. We learnt of a young chap last week who is on life support, but more than likely brain dead, so his step-father and partner were going to have to consult with the doctors about turning off the machine. The Guardianship and Administration Act sets out the priority of person who need
Life Support with no Will Read More »
We saw 2 clients two weeks ago to prepare some wills. Both were divorced some 20 years ago. Both were unaware that the wills that they executed early in their marriages and which left everything to their ex-husbands were still valid! The Wills Act 1970 was only amended such that the end of a marriage
Old Will After Divorce Read More »
Yesterday Jarred and Irene spent half a day each interviewing clients as part of a fund raiser for the Red Cross. The clients paid the Red Cross $75.00. Jarred and Irene interviewed the clients and are now busy preparing the wills. Jarred sent me a couple at 9.30pm last night to settle! Michael Paterson &
Red Cross Will Special Read More »
We are working on a set of documents for a proposed development: A trust deed making it clear that the trustees are purchasing the land on trust for the beneficiaries, one of whom will own one strata unit and the other the rest; The wording for the contract of sale; Loan agreement from the mother/mother-in-law
Documents for a Proposed Development and a Visit from Constable Care! Read More »