Your spouse does not receive everything…

We met with several clients last week who thought that if they passed away, everything would be given to their husband/wife.

Not true.

Husband and wife own the family home together, as joint tenants. This means if husband passes away, his wife will own the home.

However, there is a $300,000 mortgage on the home. If he dies, while his wife owns the home, can she repay and service the home loan?

Will the wife have to return to work? Who will look after the kids? What if there is enough money to pay the home loan…. What about further money to pay the bills, school fees, food?

This is where, for most, superannuation and life insurance, can help.

Check your super balance. Check your life insurance balance. Is this enough to repay the home loan and enough to raise the kids?

Have you nominated who is to receive your superannuation? Is it binding?

We have seen situations where a retail super fund will pay all the superannuation and life insurance to the Public Trustee to hold for the young children – not one penny is given to the wife.

Sounds complicated? Let us take the worry and stress away.

We can advise based on your unique situation and ensure that your family’s future is secured.

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Meet The Team

Bernadette Duell

Principal Lawyer

Bernadette Duell

Principal Lawyer
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Paul Terry

Business Manager

Paul Terry

Business Manager
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Brayden Thompson

Administration Officer

Brayden Thompson

Administration Officer
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Rachael Cole

Paralegal

Rachael Cole

Paralegal

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If you would like our team to come to you and for all other enquiries, please call our office on 9800 1217 or contact us via email by clicking here.

The Law Has Changed

An update has occurred to Western Australian Law changing what happens if someone dies without a will.

These changes came into effect after March 30th 2022.

Learn about these changes by clicking the button below.