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Selling a residential property in Victoria
Selling your residential property is likely to be one of the most significant financial transactions you'll ever make. The sale of a property is subject to laws that can be overwhelming and complex for someone who has not had experience in dealing with them....
Is a testamentary trust right for you?
One of the most loving things that you can do for your family is make plans for what happens after you die. This is particularly important if you have children or vulnerable adults who depend on you financially. A testamentary trust might be the right tool to help you...
Succession Planning for Business Owners
As a business owner, you deal with many responsibilities, including having to decide what to do with your business when you move on. Sometimes the logical endgame for a business is to be wound up, but in most cases, the aim is a smooth transition to new ownership....
Exclusion clauses in commercial contracts – how far can they go?
It is common in commercial contracts to apportion risk among the parties. One way this is achieved is through exclusion clauses. Exclusion clauses might address liability for contractual breaches as well as other types of liability, such as negligence. There are three...
Is Do-It-Yourself Conveyancing Dead?
Conveyancing is the legal process of transferring the ownership (title) of property (real estate) from one party to another. For most people, buying or selling property is the largest financial transaction they will ever make, and the conveyancing process is usually...
‘Click here’ – electronic execution of documents is here to stay
The COVID-19 pandemic not only brought with it changes to how we live our lives, but also clarified the validity of some increasingly common business processes. One of those changes relates to the way in which documents may be executed by companies. Prior to March...
Buying a residential property in Victoria
Buying a property involves many overwhelming considerations, such as where you want to live, how much finance you can get, the type of property you want, not to mention complex conveyancing laws! Appointing an experienced lawyer at an early stage is important in...
Common misconceptions about estate planning
An estate plan involves more than signing a Will and leaving it in a safe place. An effective estate plan requires consideration of several matters and ongoing review to ensure it reflects your testamentary wishes and covers unexpected events. In this article we look...
Options to renew in commercial leases – don’t get caught out!
The information below is general only and you should obtain professional advice specific to your circumstances before you undertake any course of action. An option clause is a term in a commercial lease that allows a tenant to renew the lease at the end of the...
What a Will Kit doesn’t do
There are various ‘Will Kits’ available online or in stores – most are cheap or ‘free’ and all you need to do is download them and fill in the blanks. Many websites boast that you can prepare your Will ‘without spending hundreds of dollars on legal fees’. Simple,...