The 2016 NSW Budget introduced a surcharge land tax (land tax surcharge) to be paid by foreign persons who own residential land. The State Revenue Legislation Further Amendment Act 2020 (the Act) received assent on 24 June 2020. This Act overrides any previous advice...
Due to COVID-19, we are all utilising technology to keep in contact with others but also to perform the necessary duties and roles of our jobs. The question of witnessing documents electronically is one that needs to be clarified in this time of technological...
There are key differences to understand when it comes to put and call options in a property context. Essentially, an option is an enforceable right with respect to a property. An option is an agreement between a property owner and another for the owner to sell their...
Estate planning for a blended family (i.e. a family in which a person has an existing spouse or partner and also children from a previous relationship) is important to ensure that all intended beneficiaries are provided for after you die and to minimise the potential...
While many people may not know the difference, there is a range of distinctions between an aged care facility and a retirement village. In our article today, we will delve into the differences. First, retirement villages are governed by State Government regulations...
‘Debt-free’ is not always the state our loved one’s estates are left in when they pass away. Thankfully, the Bankruptcy Act 1966, “The Act” can assist our family when familial trials, conflict and physiological issues arise from a debt-filled estate. One of the...
