Court rewrites Will to save tax – a novel remedy for crazy people Each of the States and Territories allow the making, revoking and varying of a Will. But only if you lack testamentary capacity: South Australia: section 7 Wills Act 1936 (SA) ACT: section 16A...
Which suffers more death duties: Joint Tenancy or Tenants in Common? What is the difference between joint tenancy and tenancy in common? Tenants in common: each owner holds their share of the asset outright. It can be 20% and 80%. Or it can be 50% and 50%. Or it can...