Changing the Distribution of a Deceased Estate
It is not uncommon that beneficiaries wish to change the distribution of a deceased estate. Where all beneficiaries agree, a Deed of Family Arrangement may be used to affect the financial consequences of a Will or the Administration Act 1903 (WA) for the beneficiaries.
What You Need to Know About the Changes to the Administration Act
On 30 March 2022, Western Australia welcomed much needed changes to the Administration Act 1903 (WA) (Act). These changes have increased the minimum distribution thresholds for family members of those who have died without a will.
The Importance Of Having A Will
Statistics show that approximately 50% of Australians do not have a Will. The importance of having a Will should not be overlooked. The most important reason for making a Will is to make sure that, after your death, your property is distributed in the way you would have wished it to be. Making a Will removes […]
Duties of an Executor
An executor is the person named in a Will to carry out the wishes of a person after they die. They organise to collect the assets of the deceased, pay the debts and distribute the property as set out in the deceased’s Will. The Role of an Executor The executor has a number of duties […]
How Do I Make a Will in Perth?
A Will is a complex document, and if you make a mistake it could mean that your wishes do not get carried out. Making a Will does require special skill and as such it is highly recommended that you obtain legal advice to make sure your Will is correctly prepared. What kinds of things do […]