Solution Brief: Why you need an enduring attorney for your SMSF
The trustee of your SMSF is all-powerful. The trustee decides how much money you can put in the fund, who else can join, how your money is invested, how much gets paid out to you and when, and finally who gets what’s left over when you die. This is why you are required by law […]
Solution Brief: Super Death Benefit Nominations
This information sheet discusses why you need to think about what happens to your super when you die People have more and more of their wealth tied up in super. People are also keeping money in super for longer during retirement – taking a super ‘pension’ rather than in lump sums because it is better […]
Solution Brief: Making a Binding Death Benefit Nomination
This information sheet will help you execute a Binding Death Benefit Nomination (BDBN). A BDBN enables you to direct how you want your superannuation dealt with when you pass away. This is a general guide on certain legal aspects and is not a replacement for specific legal or financial advice relevant to your circumstances. Why […]
Solution Brief: Company Powers of Attorney
How can a company execute a document if some or all of the directors and/or secretary are not available? There are many occasions where it is not possible for a director, directors, or a company secretary to be available to make decisions or execute documents to which the company is to be bound. Executing Documents […]
Solution Brief: ADLV Law Acting as your General/Enduring Attorney
Sometimes it’s not convenient (or possible) to carry out legal transactions or make financial decisions for yourself. For example, if you are interstate or overseas, it may not be convenient for you to sign legal documents or complete a legal transaction. If you lose your mental capacity, for example if you suffer a brain injury […]
Solution Brief: How effective is your Enduring Power of Attorney?
Most people understand the importance of making an Enduring Power of Attorney. If you are not able to make financial decisions for yourself, your Enduring Attorney can step into your shoes and keep things in order on your behalf. However, not all Enduring Powers of Attorney are created equal. In fact most standard documents are […]
Solution Brief: Enduring Powers
Take control over who makes decisions on your behalf. Powers of Attorney A ‘Power of Attorney’ is a legal document which appoints one or more persons to look after your financial affairs on your behalf while you are still alive. This is why it is sometimes called a “Living Will”. Powers of Attorney come in […]
Solution Brief: Enduring Guardian (NSW)
Who will make decisions about your health and welfare when you can’t? Who would you prefer to make decisions about your health and welfare if you become ill and can no longer make those decisions for yourself? A trusted friend or relative, or a government appointed administrator? An Enduring Power of Guardianship is a legal […]
Solution Brief: Information for an Enduring Guardian (NSW)
What are your powers and responsibilities when acting as an Enduring Guardian? An Appointment of Enduring Guardian is a legal document by which a person (the ‘Donor’) appoints someone else (the ‘Enduring Guardian’) to make medical, personal and lifestyle decisions on the Donor’s behalf when they are not capable of making the decisions themselves. Enduring […]
Solution Brief: Powers of Attorney (NSW)
The most under-rated legal document of all time Try changing your phone company when your spouse is in a coma – or even getting a current balance on your electricity bill. If your spouse’s name is on the title to the property, and you do not have an Enduring Power of Attorney – your first […]