It is always particularly important to make a will if you are the owner of a business, as shown by a recent dispute in Israel over the estate of one of the richest men in the world – billionaire Yuli Ofer.
It is always particularly important to make a will if you are the owner of a business, as shown by a recent dispute in Israel over the estate of one of the richest men in the world – billionaire Yuli Ofer.
Making the decision to write or update your Will is the first step on a straightforward but important process that will ensure your assets are passed on to your chosen beneficiaries in the safest and most effective way.
A case recently reported in the Australian media highlights how a lack of communication over estate planning can lead to disappointment among beneficiaries, and increase the risk of family disputes developing over the terms of a Will.
We have been following with great interest an inheritance dispute between members of a very wealthy American family that has been playing out in a New Jersey courtroom over the past few months.
It is quite alarming to think that if the New South Wales Trustee & Guardian is correct, around 45% of Australians are storing up trouble for their families in years to come. Why? Because they do not have a Will.
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