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Individual Podcasts

It’s a Small World After All: Asset Location in Wills and Estates

Whether through investment, inheritance or adventure, many Australians have assets located interstate or overseas. Ranging from real property to foreign bank accounts, these assets need to be identified and assessed by practitioners at both the will preparation stage and following

Date/Time

About the Podcast

Whether through investment, inheritance or adventure, many Australians have assets located interstate or overseas. Ranging from real property to foreign bank accounts, these assets need to be identified and assessed by practitioners at both the will preparation stage and following death. This session will explore the challenges, complexities and consequences in succession planning and administration for assets out of the jurisdiction, including:

  • Domicile and residency issues in will making
  • Should asset location dictate where a will is made?
  • Doing the due diligence on assets outside the jurisdiction and applicable laws governing them
  • Are Australian wills recognised overseas? International conventions and limitations
  • Tips and traps of multiple wills
  • Practical considerations including:
    • advice from foreign experts
    • document repository and location
  • keeping up with international legal developments

Presented By

Angela Cornford-Scott
Director, Cornford-Scott Lawyers Brisbane, QLD

Angela Cornford-Scott is the director of Cornford-Scott Lawyers Pty Ltd and an accredited specialist in succession law.

She has worked in the area of succession law for over 20 years and has a particular interest in estate planning, trust matters and estate administration issues.

Angela is the current Chair of the QLS Succession Law Committee. Angela is a member of STEP and a previous Chair of the Queensland Branch. She has lectured for QUT, the College of Law and is a regular presenter of seminars. She also co-authors the Lexis Nexis practical guidance publications in Succession law and Elder law for Queensland.

Angela is regularly named in the Doyles Guide as a pre eminent lawyer in the areas of both Wills and Estates and Estate Litigation in Queensland and was the only Queensland lawyer named as pre eminent in both categories in the 2018, 2019 and 2020 Doyles Guide Australia.

Angela was also named the Lawyer of the Year for 2020 and 2022 in Succession Planning by Best Lawyers.

CPD Information

0.4 CPD units

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