Executors have an obligation to keep accurate records of the ins-and-outs of estate finances.
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While Australia has had incredible success so far in “flattening the curve” and avoiding the horrific death rates happening in other parts of the world, a sad reality of life is that the usual cycle of life and death continues and with this the administration of estates.
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Bills for debts incurred while someone is alive may continue to arrive after their passing. They can't be ignored so who is responsible for paying them?
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Understanding how the funeral account can be paid will help reduce stress during a time of grief.
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Executors hold important responsibilities over the estate they are appointed to manage.
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The Hollywood style reading of the will is mostly a thing of the past. How then do beneficiaries learn of their inheritance?
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The last decision you'll have to make about your will is where to keep it safe and secure.
Read MoreHaving prepared more than 5,000 wills over 30 years; Russell Robertson has been able to resolve plans for just about every situation that could possibly arise. For even the most complex situation, there is a solution. Many clients are often surprised that after a detailed conversation, a workable solution could be agreed upon relatively quickly. If you go to a specialist Doctor, you would expect that they would be able to diagnose and treat your condition, no matter how unusual. A specialist lawyer is no different. This post lists the key information you should bring with you to a meeting with your lawyer.
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