An Advanced Care Directive (ACD) is a legal document that allows individuals to outline their preferences for medical treatment and care in the event that they become unable to communicate or make decisions for themselves. This directive is crucial for ensuring that a person's healthcare wish...

A gift over is a term often used by lawyers when referring to what happens to a testator or Will makers gifts if the testator’s primary beneficiaries will not receive their gift. It is a clause within a Will or trust that provides for the distribution of a gift to an alternative beneficiary...

A testator is the legal term for a person who has made a legally valid Will or testament. They are often referred to as the Will maker. Historically a male was referred to as a testator and a female was referred to as a testatrix. Whilst these terms are still correct, the term testator is now use...

In cases where someone passes away without leaving a will, also known as dying intestate, in NSW the surviving spouse is entitled to what is referred to as a spousal legacy or more commonly known as the statutory legacy. This legacy is calculated and adjusted to reflect the cost of living over ti...

A testamentary trust is a trust established by a Will that comes into effect upon the death of the testator. It offers several benefits, making it a popular choice for estate planning. Here are some of the key advantages: 1. Asset Protection   Protection from creditors: Assets held in a ...