What is Home Building Compensation? Home Building Compensation (‘HBC) cover (formerly known as Home Warranty Insurance) is a mandatory insurance scheme for builders and contractors. HBC cover protects homeowners from incomplete or defective building work in the event of a builder or tradespersons: disappearance death insolvency or; licence suspension by NSW Fair Trading. Who requires… Read More
When a person dies without a valid Will, they are considered to have died intestate. Dying intestate means a person has died without a Will or has left a Will that does not properly dispose of their property. In NSW, intestacy laws will determine who administers the deceased’s estate and how the deceased’s assets are… Read More
Construction projects can become overwhelming when the people you have contracted are failing to meet the required standard. To avoid complications with your residential building work, it is important to know how to resolve construction disputes with architects, builders, subcontractors and swimming pool builders. Licenses You should always make sure that your builder or tradesperson… Read More
When couples separate, a property settlement will determine who owns which assets. This process can be straightforward when the assets are clearly defined – such as with a house, car, or investment property. However, when it comes to superannuation, the division of assets in a property settlement can become much more complicated. Types of superannuation… Read More
A Self-Managed Super Fund (SMSF) is a private superannuation fund in which the SMSF trustee has control over retirement funds. The trustee manages the retirement benefits of its members by deciding: The amount of money invested into the SMSF; The way in which funds are invested; How and when members can receive their benefit; and… Read More