Recorded Webinar: Bequest but Beware: Will Drafting to Prevent Gift Failures

1st February 2021
Duration:  approx. 1 hour

 ABOUT THE WEBINAR
The time difference between will preparation and death can result in changes in circumstances that may impact on the bequests in the will. This session will provide guidance on will drafting to minimize risk in gifts failure, including:

  • Clarity and specificity in beneficiary names and asset descriptions
  • Gifts to charities: identifying entity and allowable purposes
  • What are “personal effects” and what is excluded from this description?
  • Crystal ball gazing and covering possible eventualities:
  • Beneficiary death or bankruptcy
  • Breakdown in family relationship
  • Sale of specific gifted assets
  • Purchase of assets
  • The potential consequences of conditional gifts
  • How to draft gifts for greater certainty – residuary clauses
  • Will health-checks and reviews to minimise gift failures
  • Case update and recent developments in the law.
 PRESENTER
Recorded Webinars,Estate planning,Recorded Webinar:  Bequest but Beware: Will Drafting to Prevent Gift Failures

Jen McMillan, Manager – Practice Support Services, Lawcover, Sydney

Jen McMillan was admitted to practice in New South Wales in 1989 and in Western Australia in 1992.  She is a Law Society of NSW accredited specialist in wills and estates and has extensive experience in this area in private practice and with a trustee company and as the Practice Leader – Wills and Estates in the College of Law’s LLM (Applied Law) program and as a former part-time Senior Member (Legal) in the Guardianship Division of the NSW Civil and Administrative Tribunal.  Jen is a member of the NSW Law Society Elder Law and Succession Committee and a member of the Society of Trust and Estate Practitioners.  Jen is the Manager of Practice Support Services at Lawcover.

 WHO SHOULD ATTEND?

This webinar is suitable for succession lawyers – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 CPD 

Lawyers can claim up to 1 CPD unit/point – substantive law.  This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]



© Television Education Network Pty Ltd 2021

Product Code: WBBFEB21
 Price:  $264.00 (Inclusive of GST)
© 2021 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.