The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.
Why did John Dutton decide to place his family ranch into a trust? Without giving away any spoilers, the short answer is that he was seeking to protect the ranch for the benefit of his rather troublesome children. The ranch has been handed down the generations, and John is desperately trying to do the same for his children.
When someone passes away, their assets all require to be dealt with – and must of course all be taken into account when calculating any inheritance tax that may be due.
You will often hear the expression in litigation "expenses follow success". The presumption is the successful party in litigation has achieved the outcome they sought when they raised the court action; but also the ability to issue a bill for their costs of the litigation to the losing side.
Deciding who to appoint as your Attorney can be a daunting prospect and should be someone you trust. Some people choose to appoint joint Attorneys, for example their children. This would mean that all appointed Attorneys would have a say in the decision making process regarding your affairs.
A Will can really only be challenged in a few select situations, namely where there are concerns surrounding the capacity of the testator or it is thought that someone has been able to exert undue influence on them at the time they put their Will in place.