When someone dies without a valid will, the law describes them as dying intestate, and nobody automatically has the power to deal with their assets. The family of the deceased cannot transfer property or close bank accounts on the strength of a death certificate alone. In this situation, a grant of letters of administration from …
Letters of Administration NSW: Applying With No Will Read More »
Earlier in 2026, a letter sent by an AFL club to a 78-year-old supporter attracted widespread media coverage and public criticism. The practice of bequest solicitation, while common across both charitable and commercial organisations, drew sharp reaction in this instance. Critics questioned whether a sporting club soliciting testamentary gifts from elderly supporters crossed a line …
Insistent Charitable Bequests: Beneficial or Bad Taste? Read More »
Background The 2026-27 Federal Budget was delivered on 12 May 2026. It introduced three reforms affecting trust properties. These apply to both testamentary and discretionary trusts. The reforms cover abolition of the 50% CGT discount, restrictions on negative gearing, and a 30% minimum tax on discretionary trust income. Each reform has a different commencement date. …
2026-27 Federal Budget Trust Properties: What You Need to Know Read More »
An early inheritance advancement in Australia has become an increasingly popular concept, particularly due to high cost of living in Australia. Parents, grandparents and extended family members may be more willing to help their loved ones by allowing an advance on accessing their inheritance. Although it sounds ideal and complication free, it introduces different concerns …
Early Inheritance Advancement Australia: The Hidden Trigger Behind Estate Battles Read More »