This month Gil continued his Estate Planning series in the FPA magazine with his article, “Partnering with the Lawyers”. This article builds upon the article featured in September 2017 titled “Building and Executing an Estate Planning Value Proposition” to create a distinguished estate planning offer. Please click here to read […]
Stories
I was recently talking to Andrew, a friend of mine, who shared a story of how his family were blindsided by the rapid onset of dementia in his otherwise healthy father (see below). He is upset and frustrated that the family did not get in front of the issue. […]
Ageing and Dependency: They Need Our Help!
Malcolm and Mary Malcolm and Mary were married in their early 50’s, Malcolm was widowed with 4 adult kids and Mary, a few years younger and divorced, had two teenagers from her first marriage. After living together for a while to test compatibility they sold their own houses and built a […]
A BLENDED FAMILY DOESN’T ALWAYS MEAN BLENDED MONEY
I don’t know what to do… was the frustrated comment when Joan was talking to her oldest friend Mary. ‘I’m never allowed to see my daughter, my granddaughter is 3 years old and I have never seen her even though they only live 2 hours away. And now with this […]
When You Love Them Too Much to Leave Them Any ...
In the recent Federal Court Case of Ievers vs Superannuation Complaints Tribunal, a 20 year old woman tragically died a couple of days after attempting suicide. Her super fund held a modest balance (around $37,000), but also had default life cover of $228,000. As there was no binding nomination […]
265,000 reasons your clients should talk to their children about ...
This is the third post in a series titled 4 Things the Brady Bunch Can Teach Us About Estate Planning. Marriage invalidates a will Partners do not always contribute equally to the family asset pool; Parents often want to make uneven provision for the various children; People normally want their […]
Carol Brady has died (part 3) – A Worked Example
This is the second in a series titled 4 Things the Brady Bunch Can Teach Us About Estate Planning. Marriage invalidates a will Partners do not always contribute equally to the family asset pool; Parents often want to make uneven provision for the various children; People normally want their new […]
Carol Brady has died (part 2) – Providing for the ...
Jack was a widower who lived in Newcastle with a granny flat out the back in which his mate Eric had lived for more than 20 years since Jack’s wife died. Good mates for years, there had never been any formal lease agreement and Eric paid Jack around $200 per […]
Do friends have a right to challenge a will?
Here’s the story of a lovely lady Who was bringing up three very lovely girls. All of them had hair of gold, like their mother, The youngest one in curls…. … Till the one day when the lady met this fellow….We all know how it ends, with a happily blended […]
4 Things Carol Brady can teach us about estate planning
Giles was an intelligent and independent man in his 60’s with a chronic heart condition. He was kept healthy and relatively active by the outstanding medical collaboration between his GP and Cardiologist and was on a cocktail of medications that had been trialed, tested and finely tuned to suit his […]