Dangers of Cheap Trust Documentation
Steve Watson
The use of ‘boilerplate’ trust documentation without regard to the client’s particular circumstances can have seriously adverse commercial and taxation consequences.
Estate Planning Help for Farming Families
Steve Watson
At last, a practical Government initiative that will help farming families. The Queensland Government has announced the introduction of a new Farm Management Grant which provides financial assistance to Queensland farming families wishing to review or update their succession planning arrangements.
Fitout Financing with the PPSR
Claire Watson
Proprietary interests can be a minefield to the uninitiated at the best of times, but when it comes to enforcing a security interest over personal property, it pays to be prepared with an undefeatable interest.
Reap full rewards as listing agent as the ‘effective cause of sale’
Steve Watson
Typically the sole source of income for real estate agents in Queensland is commission earned on completed transactions. This means that whilst the financial reward for hard work in the industry can be substantial, a consistent income stream is not guaranteed and significant efforts made to assist clients may go unrewarded.
Cross-Country Will Making for Better Asset Protection
In a rapidly expanding global economy, it is not uncommon for testators to hold significant assets in various countries across the globe. This can present challenges to effective estate planning, particularly where assets are ‘immoveable’, for example real estate. To address the likelihood of conflict in multi-national estate administration the Australian government has adopted the Unidroit Convention Providing a Uniform Law on the Form of an International Will (‘the Convention’). The Convention took effect on 10 March 2015 in Queensland by way of new Part 2, Division 6A – International Wills of the Succession Act 1981 (Qld).
Plain English Guide to Buying and Selling a Business
Alexander Graham Bell once said “Before anything else, preparation is the key to success”. This aptly applies to the buying and selling a business.
Plain English Guide to Buying Residential Real Estate
Before you sign on the dotted line, we highly recommend that you seek legal advice in order that you can ensure your concerns are addressed and that you are adequately protected.
Plain English Guide to Buying off the Plan
An “off the plan” contract is used where either the land is yet to be subdivided or the building is yet to be completed; in other words there is no separate title for the property proposed to be sold/purchased.
Capitalise on the Property Market with your SMSF
The rules relating to Self Managed Superannuation Funds (‘SMSF’) are complex and stringent, as set out in the Superannuation Industry (Supervision) Act 1993 (‘SIS rules’). However the financial benefits to be gained from managing your own superannuation investments can, with the right advice, be very rewarding.
Maccas Not “Lovin’ It” in Losing Priority for Repayment of Costs
A recent ruling of the Victorian Court of Appeal has affirmed a controversial decision regarding mortgage priority rules, giving developers, property agents and retail giants a shock to the system.