Exploring Wills, Trusts, and Estate Matters in Australia Hey there! Have you ever wondered what happens to someone’s belongings after they pass away? Well, in Australia, there are special rules and laws that govern how a person’s property, money, and other valuable things are distributed. It’s called “Wills, Trusts, and…
Hiring a Business Lawyer: Why and How? A business lawyer is a professional who has studied law and specialises in company law. However, he or she may also have knowledge in other areas such as tax, banking, real estate, or industrial property law. This professional mainly deals with companies for…
A Guide to Writing Your Will Summary Step 1: Who can write a will? Step 2: Choose a type of will Step 3: Prepare to write your will Step 4: Write your will Step 5: Keep the Will Making a will is an option for everyone. A will…
How to Settle an Estate Litigation The management of an estate can be entrusted to a third party, whether a notary or an estate agent: this makes the process easier and avoids disputes. It is possible to appoint a person to manage the estate upon one’s death during one’s lifetime.…
How Assets and Estates Are Divided Between Siblings The period of undivided ownership can be contentious: it is best to avoid it. When an individual dies, he or she leaves an estate. This entails several inheritance procedures: – the inventory of the estate; – organising the undivided ownership of the…
How Can a Holographic Will Help You Summary – Holographic will: validity criteria – Holographic will: a notary for the succession – Cancellation or modification of a holographic will – Holographic will: the formulas to be respected The testator writes the holographic will without the intervention of a notary. During…
How to Open an Estate Summary – Step 1: Choose the legal service provider – Step 2: Prepare the necessary documents – Step 3: Follow the legal service provider’s instructions A legal service provider must handle an estate if any of the following four conditions are met:…
– Succession of surviving spouse: without descendants and ascendants – Succession of surviving spouse: with descendants – Succession of the surviving spouse: when there are parents – Where to go for professionals legal advice? In the presence of a surviving spouse, the estate is divided between the descendants, the ascendants…
In the event of the death of a married person, the surviving spouse may find himself or herself the owner of the usufruct of the deceased’s property. Whether it results from the law, a will or a donation of future property, this usufruct can also be transformed into a life annuity. We tell you more.
This post is a continuation of Part 1 on What is Conveyancing a Business by Shared Donation. Lately, we have gone through Step 1: Having the company evaluated Step 2: Choosing between temporary or lifetime dismemberment. We will now continue from step 2 to further cover Step 3: Don’t harm other…
