Stamp Duty and improvements made by the transferee
Although it would be a rare occurrence and would mainly occur in transfers involving family members, nonetheless if a transferee (purchaser) of property in NSW has paid for improvements to property…
Purchasing off-the-plan? Consider the risks
There are at least 3 categories of risk to consider. The first is construction risk, namely that it is possible the development may never be completed. Do some research on the developer to see if…
Exclusion of Liability
Providers of Recreational Activities – Are you protected? Warning- if you provide recreational activities and you have exclusion clauses regarding death or injury you should have these clauses…
Family Law can affect 3 generations of a family
Often the Family Court of Australia (or Federal Circuit Court Family Law Division) will deal with issues that affect more than one generation of a family in a family law property dispute. In a recent…
How do the rich get richer each generation?
Business entities such as corporations and partnerships are excellent vehicles to conduct a business or conduct commercial operations, but they do not work well as personal piggybanks. When personal…
Challenging a Will
It’s always difficult when a loved one passes away, but when a member of the family feels they have been left an unfair benefit in the Will, the time following the death can become even more…
Asset protection in marriage
A Financial Agreement made between the members of a marriage or de facto relationship is binding by law. The Court will not interfere with how the Agreement divides the property and assets between…
Is Child Maintenance tax deductible?
When a marriage or de facto relationship breaks down and there are children involved, you may find yourself having to pay child support. Child support payments are not tax deductible and if you’re…