ReesLaw

Do you know that some of your assets cannot be dealt with solely in your Will. These assets include jointly owned property, superannuation funds, life insurance policies and trusts. This means that even when a person has an effective estate plan in place, their non-estate assets may not be adequately taken care of.

The most important thing to do is to make sure that all your non-estate assets are covered in your estate plan. It is also important to update your estate plan regularly as financial and personal circumstances often change over time.

It is advisable to seek the advice of an experienced financial planner or specialist estate planning lawyer who can help you structure your estate plan so that all of your non-estate assets are taken into account. They will also be able to help you make sure any adult children or family trusts are included appropriately in the plan.

By taking the time to ensure all of your non-estate assets are included in your estate plan, you can have peace of mind knowing that when the time comes, everything will be taken care of according to your wishes.

If you are unsure of what assets are included in your estate or need further advice on estate planning call ReesLaw and make an appointment today on 07 4632 8484.

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Today we had the pleasure of being invited to the Toowoomba Senior Citizens Club to chair their annual general meeting. The meeting was well attended and the reports on the range of activities provided throughout the year were very impressive. Congratulations to all of the new office bearers for 2023/24. I am sure you will do a great job. A big thank you goes to the ladies who put on the food afterwards, it was top class. I hope we get an invitation to next year.👏👏👏👏👏

When couples go through a relationship breakdown, disputes over pet ownership can arise, as pets are often considered part of the family.

Read our latest blog post on how the courts deal with disputes over who will get the family pet in a family law property settlement.

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Anne Hathaway, the wife of William Shakespeare, has been remembered as being snubbed by the Bard in his will. 😲😲😲😲😲He left her his "second-best bed," while the vast bulk of Shakespeare's estate went to his daughter Susanna.

Today, Anne would almost certainly be able to make a family provision claim against Will's estate because he did not adequately provide for her. 👏👏👏👏👏

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