by Quinns_News | Jul 8, 2015 | Consumer News
In the event that a trust is created by way of settlement, it is recommended that a settlor should be a person who is not related to any of the beneficiaries, due to the application of s 102 of the ITAA 1936. Section 102 specifies the circumstances in which the...
by Quinns_News | Jul 1, 2015 | Consumer News
For a Will to be valid in New South Wales it must satisfy a number of formal requirements set out in legislation. However, a document may still be considered a person’s final Will even if it fails to comply with formal requirements (“informal will”). Section 8 of the...
by Quinns_News | Jun 17, 2015 | Consumer News
From 15 January 2015 the definition of defects under the NSW Home Building Act has changed. The term “structural defect” has been replaced by the new term “major defect in residential building work.” This means that you are now accountable for any issues with any...
by Quinns_News | May 29, 2015 | Consumer News
A property settlement whether court ordered or by agreement is to finalise the financial relationship between parties. You can conduct a property settlement as soon as you are separated, you do not have to wait until you are divorced. When entering into property...
by Quinns_News | May 27, 2015 | Consumer News
Think before you Buy There are a number of issues which an individual looking to purchase an off the plan property must be aware of. One of the issues involved with purchasing a property off the plan is that the contracts are usually lengthy and can be extremely...
by Quinns_News | May 13, 2015 | Consumer News
The Government is currently discussing what changes should be made to the Significant Investment Visa (“SIV”) regime. Statistics indicate that up until 31 January 2015 there have been 2,075 lodged expressions of interest, which has resulted in 651 visas being issued....