Land tax laws have recently been announced and then withdrawn. The proposed changes were so that the value of any interstate land owned by an entity would be considered when determining Queensland land tax liability. Queensland Parliament recently passed then withdrew...

Trustees hold a general duty to preserve the trust fund. Those who fail to satisfy this duty may find themselves personally liable for losses caused by their breach. But what does this duty actually entail, and how can trustees avoid liability? A Trustees must...

There are several factors a person needs to consider when deciding whom to appoint as the executor of their will. The decision should not be made hastily. An ill-fitting appointment can have devastating consequences to the administration of an estate. An executor is...

Options to renew are common in both retail and commercial leases, to provide the Landlord and the tenant  with the opportunity to extend the term  of the lease without the need to renegotiate a majority of the terms. However, in preparing a formal Lease  with an...

The crew at Perspective Law congratulate our Senior Associate Lauren Nolan, for her wedding to D’Arcy Egan last Friday at Spicers Retreats in Montville. We wish them a lifetime of happiness as they embark on this new chapter of their lives together!

Although this is an issue we should be talking about every day, we can start a conversation about this today. Abuse within our elderly community is very much prevalent and can exist physically, socially, financially, psychologically and sexually. Today, we hope to use...

Every person has different circumstances whether it be their family members, the assets they own or control and the wishes they have for the future should they pass away. Like each person, a Will that creates a testamentary trust is as different as they are. Some...

The numerous films about estates have people believe that when someone dies, the family will be summoned to a meeting with a lawyer for the ‘reading of the Will’.  There is no requirement for this to occur and it rarely takes place.  Instead, we often have clients who...

The historical view of an “average” family  comprised of a husband and wife (one marriage only) and their natural born children (more commonly!). However, as society evolves, so too does this picture. These days, we see a great variety of participants that make up the...

We offer our assistance in preparing Wills and Estate Plans for those affected by cancer and that are financially disadvantaged. This is an incredible program and initiative to be apart of and we take pride in providing much needed support for vulnerable members of...

Planning the succession of your business may involve the structure of the ownership of all assets used and consideration of the tax effect on sale. When you are involved in a commercial property or business sale you must carefully consider if the “GST sale as a going...

There are many ways a Willmaker can equalise the benefits for their children under their Will. This situation often arises where one or more of the adult children have received payments of money or property from their parents during their lifetime, to the exclusion of...

Perspective Law would like to wish Linda Bartley a very happy 20th Anniversary with the company. A wonderful milestone and a great asset she has been to the firm. We are so appreciative of all that she does for us and are so lucky to have her 🙂

A thorough estate plan is even more important when you are dealing with vulnerable beneficiaries, such as someone who has a disability or is suffering from drug addiction or financial susceptibility.  Considerations can include retaining pension eligibility, ensuing...

Have you been nominated as an executor or are the next of kin for someone who has died without a valid Will? Did you know that, during his or her lifetime, they had a significant amount of debt? Are you concerned whether there are enough assets to repay the debt?...

As with most estate administration matters, we see clients that are left with difficult circumstances after their parent has passed away. Sometimes, those clients are survived by step parents, who were married to the deceased parent for only a short duration and had...

23 August 2021 to 29 August 2021 is ‘Wills Week’ and a timely reminder to anyone who needs to update their estate plan.  1. What documents are included in my estate plan? Your estate plan includes more than just your Will.  It also includes: Enduring Power of Attorney...

Happy New Year everyone, we hope that you and your family had an enjoyable break. 2020 was an incredible year which turned our lives upside down and altered our expectations forever. The threat of Covid 19 caused enormous stress to families, particularly to the...