Breaking my blog drought

It’s been a while … a long while since my last blog. Not for lack of things to share …  Just wait. For my regular readers, I’ll share the reason for my silence.  For new readers, I have so many “lessons” to share – helpful lessons I’ve learned that I’m confident can help you in your journey.

The Bad Ill-health, hospital, post-op prescription drug haze, medios’ neglect (and my ignorance) of the need for rehabilitation, specialists with the personality of Frank N. Furter (with none of the funside) at one extreme  – and – true carers at the other extreme….... AND then another round of the same all over again ( round two) all in a 12 month period – provides lots of fuel for interesting topics. The Ugly An immediate return to work on both occasions, no down-time to mend, the call of work commitments both real and imagined, married with my making light of the trauma ….  I camouflaged the worst from family and The Golden Door0306work colleagues …. all part of a senseless game that creates a walking, talking, self-deprecating zombi.  Present in body but elsewhere in mind and spirit. The Good Over the same period  a friend cured of cancer, others saved from the brink of financial failure and numerous other reasons to celebrate  – all good news stories that tilt the scales in favour of life being pretty good. I’ve been ploughing a fertile field of discovery for my interests in both estate planning ( in this case my own mortality) and travel (to hell and back and the people you encounter along the way) with insights into an array of good, bad and enlightening. And this week – my 60th.

The age fits me very comfortably.  NOW marks the beginning of some major changes in my life

The Golden Door0252

  • Implementing barriers: no more choking on the ‘no‘ word.  Focus has been a ‘concept’ but is now it’s a living force
  • Moving from efficient to effective use of time – no more efficient attention to needless tasks
  • Achieving goals often set, but hitherto illusive – now firmly in sight

60 years in preparation for the Jack … whose box has just been opened. I return to work next Tuesday.

That’s right, I’ve claimed Mondays for myself. Not a ‘transition’ to retirement but rather a release from the ordinary to enable time for the extraordinary.  … But for … some enforced downtime over the last 12 months I may only have achieved my goals as a lawyer over the next decade. Now I have greater ambitions. Much greater. Achieving my ambitious legal practice goals is nowThe Golden Door0273 in context, they’re just a task to achieve on the way to making a difference. It’s that difference that is my real focus, successfully achieving my current career goals notched on the wall along the way …. just a stepping stone on the journey.

It’s good to be back. Ready to laugh again. Ready to embrace.  And doing both.

Who am I ? I’m a specialist estate planning lawyer + professional traveller + keen photographer + political observer. I like to share my experiences across all four devotions – often as a mixed lot. If you like this blog please subscribe for more.

I INVITE YOUR COMMENTS If you have any comments about this blog or tips to add to this blog please do so – your The Golden Door0257comments and tips will help all of us in our travels. Use the ‘leave a comment’ link at the top right hand side of the blog (above my photo) to send a message to me. Use the “Follow” link at the bottom of the column on the right to subscribe to this blog.

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Disclaimer: this blog is of a general nature for educational purposes and should not be relied upon as legal advice. Readers should seek specific help for their specific circumstances.


Disputes over Wills – What are the main causes – Avoiding Will Disputes

A recent national survey revealed that over one third of Australians have experienced conflict over deceased estates.  Why ?  How can you minimise the risk? Read on….

The research conducted by Slater and Gordon Lawyers showed that the main causes of wills disputes are:
•  A sense that the assets were unfairly divided
•  The division of sentimental items, such as photos, letters or clothing
•  Differences of opinion around what the deceased would have wanted
•  The use of an asset such as a house
•  Unethical or unfair behaviour of the executor

The research also identified the main factors that could help minimise disputes:
•  Greater communication and clearer instructions while the person was still alive
•  A letter or video explaining their approach and reasoning
•  Those left behind adopting a less competitive approach to the distribution of assets

In my experience as an estate planning and asset protection lawyer, it is all too common for people to have Wills that do not clearly explain how and why their assets are to be divided. Uncertainly causes a great deal of added strain and stress on grieving family members …… what did s/he really mean is a question that resonates round the heads of those remaining behind, and the answers then to err on the negative.

Thank you to the copyright owner - home truths in a snapshot

Thank you to the copyright owner – home truths in a snapshot

To minimise the chances of a disharmony and dispute it is paramount that people clearly articulate in their wills how their assets are to be divided and communicate the reasons why to the family.  The earlier the better.  Sometimes a letter to the executor explaining their wishes can be very helpful.

The single most important thing is to avoid ‘surprises’ and ‘misunderstandings’ that arise when you have passed away.

Identify potential areas of dispute before you pass away, and address them yourself.   Communicate, communicate, communicate – before you pass away.  Don’t let your will be a grenade that you lob amongst your family from the other side.

Have individual meetings or even family meetings to explain yourself.  Just think – if you can’t resolve them when you are there to manage expectations, how do you think your family will resolve issues when you aren’t around? It’s not difficult to imagine what will occur.
Leave behind fond memories.   Don’t let your legacy be a family feud you created.

Have your will reviewed every three to five years to ensure it is current; and keep in mind that changed financial circumstances such as the acquisition or sale of an asset, births, deaths, marriages and divorces are just a few of the events that may require a will to be reviewed.

I’m a specialist estate planning lawyer + professional traveller + keen photographer + political observer. I like to share my experiences across all four devotions – often as a mixed lot. If you like this blog please subscribe for more.

 

I INVITE YOUR COMMENTS

If you have any comments about this blog or tips to add to this blog please do so – your comments and tips will help all of us in our travels.

Use the ‘leave a comment’ link at the top right hand side of the blog (above my photo) to send a message to me.

Use the “Follow” link at the bottom of the column on the right to subscribe to this blog.

PLEASE SHARE THIS BLOG WITH PEOPLE YOU BELIEVE MAY BE INTERESTED

VISIT OTHER BLOGS 

Estate Planning Tip 1

Estate Planning Tip 2

Estate Planning Tip 3

OR

MY TRAVEL TIP SERIES: Click Here

WILLS FOR PETS ?:    Wills for Pets ?

 

MY INSTAGRAM

Disclaimer: this blog is of a general nature for educational purposes and should not be relied upon as legal advice. Readers should seek specific help for their specific circumstances.