One of the questions most people answered incorrectly from our recent Financial Literary Quiz, is on the difference between a Power of Attorney and an Enduring Guardianship. It’s not a topic everyone likes to think about – the possibility of losing the capacity to make decisions about your finances, health and lifestyle, which is a […]
Unsent SMS can cut you out of an inheritance
Based on an unsent text message on the deceased’s mobile phone, the Supreme Court in Brisbane has ruled this as a valid Will, giving the man’s estate to his brother and nephew, rather than his widow, as specified in the unsent message left in the draft folder of his mobile. This recent case again highlights […]
Wills Do Not Cover Superannuation If You Die | CASE STUDY: Daniel Leverton
Many people do not realise that having a Will does not cover where your superannuation will go in the event that you die. The recent tribunal ruling on the Daniel Leverton case is a wake-up call to think about the consequences of de facto declarations, which as it turns out, have as much weight as […]