Resources

Business Succession- “Going Concern” in a Commercial Property Sale – when is it GST-free?

16/05/2022 Business & Commercial Law

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…

Dealing with payments of money or property to your children under your Will

04/04/2022 Conveyancing & Property Law

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…

Seller Beware – Queensland Floods and what this could mean for your Sale

28/03/2022 General

Queensland has been subject to several catastrophic weather events in the past, the most recent of which being the 2022 floods. As we start to rebuild from the havoc wreaked…

2022 Smoke Alarm Rules – A Summary

14/03/2022 Business & Commercial Law

As of 1 January 2022, all homes or units that are being sold, or leased will require interconnected smoke alarms that are connected to the dwelling’s electrical supply. All parties…

Estate Claims – Family Provision

21/02/2022 Wills & Estates

What is a family provision claim? A family provision claim is also known as a “claim” or court proceeding for further entitlement from an estate, as “contesting a Will” or…

Is Time of the Essence – the new extension clause in REIQ Residential

14/02/2022 Conveyancing & Property Law

The new edition of the Contract for Houses and Residential Land (17th ed.) and Contract for Residential Lots in a Community Title Scheme (13th ed.) were released late January of…

Testamentary Discretionary Trusts – Part 2

02/02/2022 Wills & Estates

Our last blog outlined some of the major points about testamentary discretionary trusts. This blog will address some of the other key features of a testamentary discretionary trust (TDT). As…

Director Identification Number – What to do

24/01/2022 General

After the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth) (Act) was passed on 12 June 2020, all directors of Australian companies will need to be identified by…

Estate Planning for Vulnerable Beneficiaries

17/01/2022 General

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…

Merry Christmas to all property buyers!

22/12/2021 General

If there is one thing we know for certain, it is that the property market in Queensland is booming. As a result of this increase in Buyers, we have seen…

Insolvent Estates

13/12/2021 General

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…

What you must consider before signing a Business Contract

06/12/2021 General

Buying a business can be an overwhelming event for both the Buyer and the Seller and the opportunity to buy or sell at a price might seem simply too good…