Dementia is the leading cause of death in Australia. Aside from the huge personal impact it has on the sufferer and their loved ones, there are financial and estate planning impacts that come into play once the sufferer begins experiencing cognitive decline. Tiyce & Lawyers Principal Michael Tiyce was interviewed [...]
By Jarrod Mamo. As with the unexpected nature of life, there may be a time (hopefully not until old age, if at all) where you will no longer have capacity to make decisions for yourself on a financial and medical basis. Once this occurs, you will be grateful that you have [...]
By Jarrod Mamo. In today’s economy and housing market, we are seeing an increase in first-home buyers receiving assistance from their parents. Although not everyone is fortunate to receive this financial assistance, it still raises the question as to the importance and significance of the colloquial “Bank of Mum and Dad”, [...]
As blended families become increasingly common, so too do disputes over inheritances and estates. In a recent article in The Australian examining the growing legal challenges facing blended families, Michael Tiyce, Principal at Tiyce & Lawyers, highlighted the risks that arise when estate planning fails to keep pace with changing family [...]
By Jarrod Mamo. There will come a time where you may consider that the preparation of a Will is appropriate,. This could be when you're entering (or exiting) a relationship, you have children, or even going overseas for travel. This article will provide a brief list and explanation of some things [...]
Tiyce & Lawyers Principal Michael Tiyce was quoted in The Australian this week in an article exploring the rise in inheritance disputes among siblings, as the Baby Boomer “great wealth transfer” begins to pass unprecedented levels of wealth to the next generation. The article highlights how growing property values, large superannuation [...]
As cryptocurrency and digital assets become a growing part of Australians’ wealth, estate planning has entered a complex new era. In a recent article in The Australian, Michael Tiyce, Principal at Tiyce & Lawyers, shared his insights on how crypto ownership is creating unprecedented legal challenges for families and executors. Michael [...]
By Taylor Campbell. Losing a loved one is hard enough let alone being faced with the task of dealing with their estate. It’s not just an emotional task; there’s also a legal side to it that can be confusing, especially at the start. The first task that needs to be done [...]
Tiyce & Lawyers are part of the JustFund Partner Plus community. JustFund has released a number of new initiatives, one of which is targeted to executors and beneficiaries. A JustFund loan: “Helps executors cover estate administration costs, and beneficiaries to access their inheritance sooner, with no repayments until the estate assets [...]
Probate Case Note: Wise v Barry - The Estate of Robyn Margaret Wise [2018] NSWSC 1726 By Taylor Campbell The Facts The co-executors of the case were the deceased son and her de facto spouse. The woman and the de facto spouse lived together as a couple since about 1996 until [...]