At Welden & Coluccio Lawyers we absolutely love what we do. In fact, the passion that we have for Estate Planning, Administration and Litigation is the real secret to our success. Perhaps somewhat of an industry secret, Doyle’s Guide, is an annual publication that celebrates the best lawyers, barristers and law firms in the business. Within each area of law, and for each State, rankings … [Read more...]
Access Your Super Early: Top 7 Strategies
For many Australians times are financially tough. It is quite a source of frustration to know that you have a stash of money growing in a super fund, yet are struggling with mortgage repayments and the rising costs of living. Add to this an unexpected illness or significant misfortune and you may find yourself asking the question, “Can I get my hands on my Super early?”. In most cases, you … [Read more...]
Estate Planning for the Business Owner
A key concern for many families while preparing their Will and Testamentary documents is the discussion surrounding how they might ensure the needs of their children will be met in the event of their unexpected death or illness. Indeed, this is a critical discussion that must happen, particularly when the clients have very young children. While most clients in this situation come to us ready to … [Read more...]
Can I leave someone out of my Will?
A recent judgement out of the Supreme Court of South Australia sends a timely reminder to all Will Makers, that trying to successfully leave someone out of your Will is still a very difficult and tricky proposition. For many years now a myth has been perpetuated in many circles relating to the misconception that leaving someone a ‘token’ amount in your Will is a sound tactic for preventing … [Read more...]
Wills & Estates Planning: The Differences Made Simple
What is difference between making a Will and an Estate Plan? We have provided a case study to help explain the difference. Firstly, a Little Background A client was concerned that at their death, their assets could be sold off by the surviving spouse during their remaining lifetime. A solicitor was instructed and a comprehensive testamentary trust was developed at some expense. … [Read more...]
Estate Planning After Separation and Divorce
I have been married for several years but have recently separated from my spouse. We have finalised a property settlement, but are yet to get around to being officially divorced.. I don’t have a Will, does this mean my former spouse will still have access to my estate when I die? The simple answer is yes. Whilst you may be separated, you are still legally married and have a legal ‘spouse’ in … [Read more...]
DIY Will Kits: Why Your Lawyer Loves Them
DIY Will Kits have been around for a while now and are readily available for the fraction of the price of having a Will prepared by a lawyer. In fact, you can probably pop down to your local post office right now and pick one up for less than the cost of an average pub meal. I must agree that the promises put forward by these kits makes them seem rather alluring to the average lay … [Read more...]