A popular question most people ask is whether they should hire a lawyer to assist in solving a pressing family problem. The internet is full of resources to help navigate different family concerns. However, these resources might only be helpful when dealing with straightforward matters. In most cases, most parents attempt to resolve their family issues without legal counsel only to realise that such matters are more intricate than they imagined.
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A will gives testators control over their assets once they die. Typically, the document allows you to determine who receives a share of your estate and how they should use their inheritance. Suppose you intended to write a will; read this extract for some will writing secrets.
Stick To What You Own
The underlying principle in any estate division plan is that you can only bequeath what you own. Suppose you own joint property with another person; you can only transfer your shareholding in the property to your beneficiaries.
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Many grandparents want to spend as much time as possible with their grandkids and, in some circumstances, can develop a stronger bond than the parents were able to. In such situations, the grandparents may be especially concerned when the parental relationship breaks down, and divorce becomes imminent. Yet do they have any rights at all with regards to that special relationship?
Complex Dynamics
In modern-day Australia, many marriages fail, and this may often be due to bad behaviour on the part of one of the adults.
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It's never too soon to start making plans for the future, including what will happen when you pass. If you're like most people, you have assets that you want to have divided up after you pass. If you have a will, you might think that your assets will pass smoothly to your beneficiaries. Unfortunately, that's not necessarily the case. There's always a chance that someone will dispute your will, which could result in costly estate litigation.
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A divorce is never a pleasant experience and, unfortunately, most cases involve a degree of animosity. This can make it challenging to reach an amicable agreement and settle affairs without any problem whatsoever. Of course, the degree of acrimony may make matters more complex, and one party may have to take additional steps to protect their interests. If you're in this sad situation and are a joint owner of a property with your outgoing partner, what should you do to safeguard your interest in that asset?
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