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WHERE THERE'S A WILL THERE IS A WAY

IN THE KNOW
INFORMATION SESSION AT THE SENIORS HUB
Horizontales
A legal document with instructions for who you want to inherit your estate, care for your children, and be the executor of your estate when you pass away
A court order granted by the Supreme Court of NSW. It confirms the will is valid, and the executor has permission to distribute the estate.
Alternative or back up person.
The person you legally appoint to make decisions about your health and lifestyle in the event you cannot make these decisions for yourself.
a clear set of directions including your wishes and values that need to be considered before medical treatment decisions are made on your behalf.
Once the Executor is given a grant of probate he/she will give the beneficiaries their share of the estate
Money that is put aside by you or your employer over your working life for you to live on when you retire from work
An adult with parental responsibility for a child until they reach the age of 18
Verticales
All the assets and liabilities, or debts, that the deceased person had when they died
A legal document that gives a person, or trustee organisation the legal authority to act for you to manage your assets and make financial and legal decisions on your behalf.
A trust established under a valid will, it arises after the death of the Testator
The process of taking legal action in Court. $$$
Any person or entity (for example, an organisation like a charity) that receives a gift or benefit from a person's estate as outlined in their Will
The person who makes a will to dispose of their property and account for their debts after death
A person or organisation appointed in your Will to administer your estate