What is an Executor’s Commission?

What is an Executor’s Commission?

McNab McNab & Starke understand that the ins and outs of being an executor of an estate can be confusing and stressful. That’s why we’re here to answer one question we’re often asked: what is an executor’s commission? Executor’s commission is a payment to an...
What is a Testamentary Trust?

What is a Testamentary Trust?

What is a Testamentary Trust? A Testamentary Trust is a form of discretionary trust that only occurs upon the testator’s death. It allows the trustee of that trust greater discretion in relation to both the control and distribution of assets within the trust to...
What is a Grant Of Probate?

What is a Grant Of Probate?

Grant of Probate in Melbourne and Why It’s Important When you make a Will, you need to appoint an executor and, in some circumstances, a trustee, who will handle your affairs when you die. It’s commonly assumed that a Will can be actioned immediately after...