News

FAQ on Estate Planning

While many people are unlikely to nominate estate planning aka “Thinking about what will happen to my assets when I die” as being on their “most wanted things to do” list in reality, this is something that should be on all our “must do” lists. Proactively planning for...

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SMSF changes to the law – 1 July 2017

The Government announced several changes to Australia’s superannuation system in the 2016 Budget, most of which will take affect from 1 July 2017. The changes apply to all Australians with superannuation and have significant impact for members of high value...

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The benefits of mediation in a commercial dispute

Lawyers are often stereotyped as being interested in prolonging an expensive Court action. More often the opposite is true. Lawyers know that Court cases are expensive and that clients are fearful that legal costs could escalate to an intolerable level. Lawyers...

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Business Structures: Company

When commencing a business venture, it is necessary to consider the most appropriate type of business structure to put in place. Different business structures have different benefits and disadvantages. This article looks at companies - how to set one up and the pros...

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Six things to know about Binding Financial Agreements

There are many names for Binding Financial Agreements or BFA’s, including; Pre-nuptial Agreements (commonly known as pre-nups), Post-nuptial Agreements (post-nups); and Cohabitation Agreements. They are known by the courts as Binding Financial Agreements. There have...

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New Powers of Attorney in Victoria

What do the changes mean for you? The new Powers of Attorney Act 2014 (Vic) commenced on 1 September 2015. Find out below what changes there will be and what this may mean for you, your family or someone you care about.   What is a Power of Attorney? A Power of...

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Self Managed Super Funds – Buying Property

Since 2007, self-managed super funds (SMSF) have been permitted to borrow money to invest in all types of real property including residential property, commercial property and industrial property. Prior to 2007, SMSFs could purchase property but were not permitted to...

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Verification of Identity in property transactions

Verification of Identity (VOI) is a process used to confirm the identity of a person. The VOI process is essential in land and property dealings as it helps to reduce identity theft and land title fraud. Verification of Identity practices include confirming a person’s...

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