Rod Genders is a senior Australian lawyer specialising in Wills and Estate Planning, Probate and Estate Administration, Trusts and Guardianship and Inheritance Claims and Contested Estates in South Australia. His boutique specialist law firm, which was founded on 1848, is one of the oldest and most respected in Australia. Rod is an international author and speaker. Rod is the 3rd generation of Genders in the law and has been practising specialised law since the mid 80’s. He has acted as counsel or consultant to in excess of 50 other firms around Australia. Rod holds the SA state record for the highest ever personal injury award of damages, and has been involved in several of the largest personal injury claims in Australian legal history. For over 10 years he served on the Council of the Law Society of South Australia and is a senior member of its Succession Law Committee. Rod was a founding committee member of the South Australian branch of the London-based Society of Trusts and Estate Practitioners (STEP) for 8 years and was the founding Chair of the international STEP Digital Assets Special Interest Group. For over 25 years Rod has chaired a private committee enquiring into the affairs of protected persons. He is a member of the Law Council of Australia, and a member of its Succession and Elder Law Committee. Rod is one of only three Accredited Specialists in Wills and Estates law in South Australia, as recognised by the Law Society of South Australia.
A long time ago (1983 actually), Sean Connery came out of 007 retirement to make an unofficial James Bond movie called Never Say Never Again. In one scene he pretends to be a masseur at a health spa, and suggestively says to Kim Basinger: “Hard or soft … massage?”
This movie-line must have stuck in my brain all these years, because it suddenly seemed like a good way to highlight some important considerations in modern integrated estate planning – Hard or soft … estate plan?
What is the Softer Side of Your Estate Plan?
Identify, document and share your wishes for end-of-life care, the care of your pets, the custodianship of your special assets, who your carers will be, where will you live if you lose your independence, and more.
Dementia deaths in Australia have steadily increased over recent years. In 2013, dementia became Australia’s second leading cause of death, overtaking cerebrovascular diseases (strokes) for the first time.
In 2014 and 2015 the number of dementia deaths have continued to rise.
Ischaemic heart disease has been the leading cause of death in Australia since early in the 20th century, but while the rate of death from heart disease was at its worst around 1970, it has steadily declined since then.
Dementia is not one specific disease. There are many types, including Alzheimer’s and Vascular Dementia, which are each collections of symptoms caused by disorders affecting the brain, with severe effects on thinking, behaviour and quality of life. These diseases add greatly to the burden of illness and injury in the Australian community.
Medical science is keeping us alive for longer than ever before, and the Australian population is ageing fast. Dementia already affects approximately 160 000 Australians.
Dementia affects about 10% of those aged over 65 years, and 20% of those over 80 years suffer from severe dementia. Frighteningly, Alzheimer’s Australia says we can expect a 300% increase in the numbers of dementia patients in the next 30 years.
Senior Australian lawyer Rod Genders discusses how mental health affects a person’s legal capacity to make decisions in their own best interests.
Making a Will is a serious business, right? It details how you wish your estate to be distributed, who benefits and by how much.
… because our last post Weird Probate Issues was so popular, here we go again …
But we can still chuckle at the efforts of other people when they outrageously stuff-up their own estate plans. (We’ll suppress our schadenfreude with the thought that this is all educational. ‘Schadenfreude’ is the German term for the guilty pleasure derived from another person’s misfortune.)
If you’ve been named the executor of a Will, you might experience a wide range of emotions upon your loved one’s passing.
In addition to going through the grieving process, you might feel overwhelmed by your responsibilities in carrying out the deceased’s wishes.
You may have even heard horror stories about probate that leave you wondering where to begin, but you can relax knowing that your specialist estate lawyer at Genders & Partners can help you navigate any obstacles you face regarding probate & deceased estates in Adelaide.
Australian women’s life expectancy is now at its highest ever recorded, and is one of the highest in the world, according to recently released research from the Australian Bureau of Statistics.
The average life expectancy for females is now 84.6 years and for males it is 80.4 years, and these figures demonstrate huge gains in life expectancy over the last century since the Aged Pension was initially introduced in Australia in 1909 when the average life expectancy was below the eligibility age.
At that time it was anticipated that most people would not live long enough to receive the pension, and those that did would not get it for long.
Your loved one has entrusted you to administer their estate, and you probably feel overwhelmed with the burden of this responsibility in the midst of your grief. Depending on the size of the estate, your duties can become quite complicated, but the Adelaide Probate & Estate law specialists at Genders & Partners can guide you through the process to ensure that you carry out your responsibilities with a minimum of stress.
Locating the Will and Safeguarding Assets
As executor, your first job after the person’s death is to locate the original Will, which may be with the deceased’s important papers or held securely at a trustee company or lawyer’s office. If you do not have the original in hand right away, you can still work with a copy to familiarise yourself with the contents and make funeral arrangements according to the person’s wishes.
Modern family structures are more complex than at any previous time. Many Australians have children from more than one relationship, and may be in a subsequent marriage or domestic partnership with a partner who also has children of their own. Without careful estate planning, the competing interests of these various family members can produce outcomes upon your death that would cause you considerable distress if you could foresee them. This article explains why a well-drafted Will is indispensable for anyone with children from a previous relationship.
Deciding how you want to live out your last days is a touchy subject for most people, but if you don’t take the time to do so now, you and your loved ones could end up suffering needlessly. While you are still of sound mind, you need to determine whom you trust to make decisions about your lifestyle and medical care if you are ever incapacitated.
An expert Adelaide estate planning lawyer can document your end-of-life wishes with an Advance Care Directive to help you attain peace of mind about your future and get back to the business of living in the moment.
Failing to keep your estate planning documents safe can cause major complications, for you and your family.
In South Australia, the simple form of Probate, known as a Grant of Probate in Common Form requires production and surrender of the Last Will and Testament of the deceased. This means that the original signed document must be located as a matter of priority. Otherwise the executor may not be able to deal with the assets of the deceased.
If the original Will cannot be located, the situation may not be hopeless. A different form of Probate, called a Grant of Probate in Solemn Form, may be attempted with a draft or copy of the last known Will of the deceased.