Some Duties and Obligations as an Executorde Groots wills and estate lawyersBeneficiary, Executor, Heir Tight, Tax liabilitiesExecutors have a number of responsibilities as a legal personal representative (“LPR”) when acting in the administration of the estate. They can generally be…
Cryptocurrency (What you Need to Know)de Groots wills and estate lawyersDigital Assets, Heir Tight, Tax liabilitiesby Kylie Joubert What is cryptocurrency? Cryptocurrency (such as Bitcoin) is a virtual form of money that is often not held in traditional financial…
A will is the way – don’t delayde Groots wills and estate lawyersBeneficiary, Executor, Guardianship, Heir Tight, Power of Attorney, Tax liabilities, Testamentary Capacity, WillsThe end of the financial year and the beginning of a new one is traditionally when our thoughts turn to our financial affairs. It…
Tenants in Common vs Joint Tenancyde Groots wills and estate lawyersEstate Planning, Family Provision, Heir Tight, Tax liabilities, WillsThe two most common forms of joint ownership of property is for property to be held either as ‘tenants in common’ or ‘joint tenants’…
Pitfalls for Executorsde Groots wills and estate lawyersEstate Litigation, Estate Planning, Executor, Family Provision, Heir Tight, Tax liabilitiesOne definition of a pitfall is ‘a covered pit for use as a trap’. Although the inference of setting traps does not sit well…
ATO to Review Processes for Tax Administration of Deceased Estatesde Groots wills and estate lawyersArticle, Tax liabilities, WillsThe death of a family member or friend is a very emotional and stressful time, especially if you are responsible for managing the deceased’s…