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First Home Buyer Choice: What you need to know
The rate of young first home buyers has declined in New South Wales as buyers take more time to save funds for transfer duties (also known as stamp duty). Despite this, the Australian Bureau of Statistics (2021) indicates a 10-year national 72% capital gain on...
Wills & Estates
Wills and estates can be a confusing topic for many people. However, it is crucial to understand what a will is, how it works, and why you should have one. In this blog article, we cover the common questions related to wills and estates. What is a Will? A Will is a...
Understanding Copyright Law
What is copyright? Copyright is the exclusive right of owners to protect certain creative works from being copied or reproduced by others, without permission. What types of work does copyright apply to? Copyright applies to artistic and creative works such as music,...
Family Law – What Happens to Superannuation Upon Separation?
When couples separate, a property settlement is one way of determining who owns what assets. This can be straightforward when the assets are clearly defined – such as a house, car, or income. However, assets like superannuation are less clear, and need to be carefully...
Why Do I Need a Will?
Around 40% of Australians do not have a will, with the majority of that group citing procrastination as the main reason for not having made a will. But when unexpected events occur, a valid will ensures your children are taken care of, tax is minimized and your estate...
What is Litigation?
Litigation is a way of resolving disputes through the court system. Disputes fall into one of two following classifications: civil or criminal. Civil Litigation Civil cases involves a dispute between two (or more parties). Typically, both sides will be represented by...
Wills vs SMSF Superannuation – Who Wins?
Superannuation benefits are not automatically assets that fall within the estate of a person after their death. Without additional and proper written directions, what happens to a person’s super after death is decided by the Trustee of that person’s super fund. What...
Struggling to Enforce a Judgment Against a Debtor?
If you have obtained a judgment against someone who owes you money (called a “debtor”), you can sometimes run into trouble enforcing that judgment if the debtor applies for an instalment order to pay the debt. Whilst the instalment order is in place, and the debtor is...