JOHN finds an investment property for sale for $300,000. He discusses the purchase of the property with his eighteen-year-old daughter, Natalie, who as a first home buyer, is eligible for a Stamp Duty exemption. John offers to give Natalie $75,000…
DAVID and Helen live in the same apartment complex. A relationship develops and they begin dating. They start sleeping over at each other’s unit and they exchange keys. After a couple of years, they begin going on holidays together. They…
GREGORY makes a will at the age of 80 years, leaving the contents of his garage and his motor vehicle to his son, David. He leaves the rest of his substantial estate to his daughter, Penny, and appoints her as…
Kids miss-out under terms of will COMING up to this column’s ten-year anniversary, here is a remaster of the very first article. Jack and Jill have been in a de facto relationship for a few years. They each have two…
MARY passes away after a three-year bout with cancer. She leaves two adult children, David and Julie. Julie lived with Mary for fifteen years prior to her death. Mary’s will gifts her four-bedroom home to Julie and only makes nominal…
DAVID decides to update his will. He nominates his four children, Levi, Kate, Charlie, and Billy as executors. However, his solicitor advises David to consider reducing the number of executors as the children are interstate and overseas, which may make…
CHERYL contacts a local solicitor and arranges an urgent hospital visit so that her father, Bill, can make a Will. Bill is suffering from terminal cancer and is in palliative care. When the solicitor arrives at the hospital, he meets…
MATTHEW and Mary each have a child to a previous relationship. Matthew’s daughter, Helen spends most of her childhood living with her mother but lives with Matthew and Mary between the ages of sixteen and eighteen years, before moving out.…
ARTIFICIAL Intelligence (AI) is a branch of computer science that focuses on the development of intelligent machines that can perform tasks that typically require human intelligence, such as speech recognition, decision-making and language translation. In recent years, AI technology has…
What is a Statutory Will? Emily suffers from a severe disability, affecting her cognitive abilities and preventing her from making a will. Emily’s condition also means that she will likely have a reduced life expectancy. Emily receives a substantial inheritance…