PROPERTY TRANSACTION CHANGES FROM 1 JULY 2018
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PROPERTY TRANSACTION CHANGES FROM 1 JULY 2018

We have previously written about the numerous changes to the Additional Foreign Acquirers Duty for property purchases in Australia by foreigners, and several of the major changes stemming from the 2017 budget have come into effect on 1 July 2018. As a result of the mid-year fiscal economic review, it is expected that the foreign...

BUSINESS SUCCESSION & ESTATE PLANNING
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BUSINESS SUCCESSION & ESTATE PLANNING

Clients are often unsure of why they need to consider business succession and estate planning matters pertaining to their business. The analogy we often use is, why spend all of your life working hard to save and build up your assets, only to leave them completely unprotected and at the mercy of third parties or...

WHAT HAPPENS TO MY PET AFTER I DIE?
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WHAT HAPPENS TO MY PET AFTER I DIE?

Although it is not something we want to contemplate, the truth is it is better to be prepared for our passing than to bury our heads in the sand and hope it all works out when the time comes. Apart from making your families life easier during a difficult time, having a comprehensive and well...

WHY SPECIAL CONDITIONS ARE SO IMPORTANT IN YOUR CONVEYANCING CONTRACT
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WHY SPECIAL CONDITIONS ARE SO IMPORTANT IN YOUR CONVEYANCING CONTRACT

Buying or selling a property is one of the biggest financial transactions you will undertake in your lifetime, and it is important to ensure that the contract is drafted correctly, takes into consideration your individual circumstances and accurately reflects the agreement reached between the parties. Affinity Lawyers recommends that you should always have your contract...

CHANGING YOUR WILL AND POA AFTER SEPARATION
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CHANGING YOUR WILL AND POA AFTER SEPARATION

Separation is a tumultuous time for all involved, usually requiring parties to navigate logistical issues such as living arrangements, finances and working together to provide a stable environment for any children and pets, and at the same time as continuing to work and attempt to process emotions, feelings and to grieve for the loss of...

ADVANCE HEALTH DIRECTIVES
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ADVANCE HEALTH DIRECTIVES

An Advance Health Directive, also known as a Living Will, allows you to give instructions about your future health care. It is a legal document which only comes into effect if you are unable to make decisions for yourself due to incapacity and further, will cease to operate if you regain capacity. An Advance Health...

TIPS WHEN PURCHASING PROPERTY AT AUCTION
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TIPS WHEN PURCHASING PROPERTY AT AUCTION

Buying a property at auction can be an exciting, nerve-wracking time and sometimes emotions can get the better of us so it is vitally important that you understand the process, and your rights and obligations before bidding on a property to ensure you don’t end up in a sticky situation that could end up costing...

HAPPY EASTER!
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HAPPY EASTER!

It’s that time of year again! Although it feels like we just had Christmas and welcomed in the New Year – Easter is upon us. We wanted to take this opportunity to wish you all a very happy Easter and to remind you to take some time to relax, spend time with loved ones and...

WHAT HAPPENS IN A PROPERTY SETTLEMENT WHEN MY SUPER IS SPLIT?
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WHAT HAPPENS IN A PROPERTY SETTLEMENT WHEN MY SUPER IS SPLIT?

After the family home, superannuation is generally the second largest asset of many families, and as a result, it becomes very important when parties are splitting their property after separation. The Family Court has had jurisdiction to deal with superannuation entitlements for over 10 years, and amongst other things, can make a splitting order which...