Szabo & Associates News & Updates

DIY Wills are becoming more common in Australia with more people attempting to make minor savings by making their own Will.

A new report from a financial group has found that four out of five “baby boomer” parents do not believe their child is ready for an inheritance.

Families are becoming more and more likely to contest the Wills of their loved ones if there is a generous amount given to charities according to a report from the Heart Foundation WA.

It was recently reported (available here) that many charities have been facing financial difficulties. In the report, there has been a marked shift in the number of people who have expressly provided in their Will that a portion of their property is to be given to charities, enabling them to use it for their work. 

It was recently reported in the Sydney Morning Herald that Australia’s aging population is placing increasing pressure on hospitals. The report (available here) highlighted how, like many countries, Australia is attempting to adjust to the demands of a population that is living longer and having to spend increasing amounts of time on hospital wards.