Nearly half of Australians pass away without a valid Will, leaving their estate to be divided by strict legal rules. Granich Partners discusses what happens if you die intestate in Western Australia and how a valid Will can ensure your estate is managed according to your wishes
Read MoreSuccession planning requires strategic preparation to ensure your business's legacy and operations continue smoothly. From balancing trust debt to establishing corporate trustees, Granich Partners outlines essential preliminary steps for a solid succession plan tailored to your needs.
Read MoreIn the typical family trust, there are several significant positions of power.
Read MoreA large portion of a person’s wealth is comprised of assets that will not form part of their estate when they die and cannot be given away or disposed of in their Will. Arrangements need to be made by the deceased to distribute those assets.
Read MoreIn Carey v Robson [2010] NSWCA 212, the Court dealt with a Family Provision Claim against the estate of farmer Frederick Robson, who died leaving farming properties valued at $4.5 million in his Will to his son Alan.
Read MoreWho can challenge a Will and will they succeed? Under the terms of the Family Provision Act 1972, the Court is allowed to override the terms of a deceased person’s Will or(where there is no valid Will override the rules of intestacy applicable to a deceased person’s estate
Read MoreA father made numerous promises to his two sons that he would leave ownership of a 17,600 acre wheatbelt farming property to his sons in his Will.
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