Do you lease equipment (either formally or informally) to clients and friends? If yes, you need to consider the Personal Property and Securities Register (“PPSR”).
Read More
An unsent text message found on a deceased man’s phone has been declared by the Queensland Supreme Court to be his valid Will. The text message was addressed to the man’s brother, and contained details about how he wanted his assets to be dealt with on his death.
Read More
You may have heard in the news recently about Daniel Leverton, a young man who died unexpectedly. Various people have expressed outrage over the fact that his girlfriend of nine months ended up with around $350,000.00 of his superannuation and life insurance, while his two young daughters only received around $50,000.00 each.
Read More
The existence of a de facto relationship may give rights to each party in relation to an adjustment of property. We all think we know what a de facto relationship is, but how do we determine whether or not such a relationship exits?
Read More
You probably have heard about the 2016-17 Budget and related superannuation reforms due to apply from 1 July, 2017. However, you might not have thought about estate plans and trust deed updates. In order to ensure your clients are going to be prepared, you need to read on.
Read More
Hollywood loves a “pre-nup” and often spruiks the idea that when one party has an affair, the pre-nup is declared void or provides for the other party to be compensated. However, pre-nups in the Australian legal context are not exactly like those in Hollywood.
Read More
This article highlights how important it is to correctly register your rights over your own property when hiring out equipment on the Personal Properties Security Register (PPSR). Near enough is not good enough and ownership is no longer King under the Personal Properties Securities Act 2009 (Cth) (PPSA).
Read More
Just like your car needs servicing, your clients’ self-managed superannuation fund (SMSF) trust deeds may be in dire need of a service. SMSF trust deeds are like the “rule book” for the SMSF. They are the document that stipulates what the trustees of the fund can and cannot do.
Read More
Using your self-managed superannuation fund (“SMSF”) to invest in residential property is more popular than ever – but don’t sign that contract just yet! SMSF borrowing law is complex and can catch out even experienced investors. Here are the top 3 mistakes we have seen (and fixed!) for clients who have not seen us before signing a contract.
Read More
Did you know that it may be possible for your superannuation to be used to purchase a cane farm well before retirement age? However, using a Self Managed Superannuation Fund (“SMSF”) to purchase farm land can be complex and it may not be a suitable entity for everyone.
Read More
Most non-residential leases (e.g. leases of retail shops, industrial sheds and office buildings) have a mechanism to review the rent each year during the term of the lease (and any option periods). The most common mechanism is an annual CPI review. The Bureau of Statistics has just published the CPI for the June 2016 Quarter.
Read More