Who gets the rent and pays the outgoings? A beneficiary entitled to property under a will such as real estate is taken as having become entitled to the property from the date of death. That means they are usually entitled to any income such as rent generated by the property from the date of death and also liable to bear the outgoings, unless the Will says otherwise.

Cutting corners on your Will might save you money now but could create significant costs and stress for your loved ones after death. The Supreme Court of NSW recently addressed whether an informal Will, specifically a note in the ‘Notes’ app on the iPhone of the late Mr Peek, could be admitted to probate as a valid Will under section 8 of the Succession Act 2006 (NSW) (‘the Act’).