Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 15 October 2016. Peter passes away at the age of 85, leaving a will that appoints his two children from his first marriage, Joan and William, as executors and leaves them the whole of his estate equally. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 8 October 2016. Mike and Carol are both in their 60s and each have three children to previous marriages. They have been in a de facto relationship for the last 10 years and wish to update their wills to provide, primarily, for each other, but also to protect the interests of their children. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 17 September 2016. Jack and Jill married seven years ago. They have three children who are all under five years of age. Jack and Jill’s relationship breaks down and Jack moves into share house accommodation. Both parties are having difficulties dealing with the breakdown of their relationship and are under extreme financial stress. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 10 September 2016. Wayne is 82. He is in good physical shape, apart from having some trouble getting around and suffering from some hearing loss. Wayne’s nephew, Dave comes over once or twice a week to help out. He mows the lawn and does some of the cleaning that Wayne finds difficult. Wayne has one younger brother, Michael, who is Dave’s father. Wayne has no children and no other immediate family. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 3 September 2016. Estate Planning: Life interests as a solution Jack marries his second wife, Jill in the 1990’s. Jack makes a will leaving his estate to Jill and the four children to his previous wife, in equal shares. When Jack unexpectedly passes away 20 years later, Jill realizes that he had not updated his will. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 27 August 2016. Linda gets a job at Big Mart Pty Ltd in August 2007. She begins as a casual employee working different hours on different days each week, depending on when she is needed. Linda is fast learner and a hard worker, so she is soon recognised by her manager, Howard, as an employee he can rely on. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 20 August 2016. Joe operates a fish and chip shop, owned by his company Fishy Joe’s Pty Ltd. Joe has a number of permanent employees working for him, but needs some extra help over the summer. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 13 August 2016. Ross dies at the age of 71, leaving an estate worth around $700,000. Shortly before his death, Ross made a will, leaving $30,000 to each of his children, Mark and Leanne. The rest of his estate is left to his only other son, Luke and Ross’ three grandchildren in equal shares, with the effect that they each receive $160,000. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 6 August 2016. Jason is 40 years old. He mentions to his solicitor, who is undertaking a different legal matter for him, that he was the victim of sexual abuse over a period of about 1 year when he was 12 years old. He tells his solicitor that the abuse has had a significant effect on his mental health and it severely affected his grades at school. Prior to the assaults, Jason was top of his class at school and in early high school his grades fell drastically. […]
Hypotheticals by Manny Wood. Published in the Coffs Coast Advocate on 30 July 2016. After the death of her husband, several years ago, Mary’s solicitor explained to her the importance of executing a power of attorney. The “enduring” power of attorney would have appointed her only child, Denise, to manage her financial affairs, if she lost the capacity to do so herself. Mary was concerned about the cost involved and decided that she would think about putting a power of attorney in place “down the track”. […]