Estate Planning

What happens when there is conflict between the Executors of a Will?

When conflict arises between executors, it usually results in delays in the administration process, increased costs and stress to all interested parties.  So what can we do as advisors to help guide our clients on who the appropriate people are to appoint and hopefully remove or minimise the potential for conflict? 

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What impact does having assets overseas have on your Will? 

If you do have assets in more than one country, it’s important to ensure that your Will properly disposes of your worldwide assets – not just those in Australia.  One available option is to make a single Will disposing of all of your assets.  Alternatively, you can make a separate Will for each country in which you hold assets.

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