Can I exclude a child from my Will? In New South Wales, it is legally possible to exclude a child from your will. However, doing so is not always straightforward. Under the Succession Act 2006 (NSW), a child may be entitled to make a claim…
Who should I choose as my executor? The importance of choosing the right executor When making your Will, selecting the right executor is crucial. Your executor is the person responsible for carrying out the instructions in your Will, managing your assets, paying debts, and distributing…
Legal Capacity and the Age of Majority Under Australian law, a beneficiary cannot legally receive an inheritance until they reach the age of majority—18 years—because anyone younger is deemed to lack full legal capacity. However, reaching 18 does not automatically make 18 the “best”…
No, assets that belong to a family trust can’t be given in a will. Even if you die, the assets in the family trust will remain as assets of the family trust. Who will control the family trust is another matter, and this will be…