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A property caveat is a legal document that provides notice that a person or entity has an interest in a particular property. It operates as a warning or caution to others, particularly potential purchasers or lenders, that someone claims a right or interest in that property. This can include interest through an agreement for sale, […]
What is a Caveat and How Does It Work? Read More »
Many divorcing couples are unaware of the significant tax implications around divorce particularly about tax obligations arising after the transfer of real property from one party to another. When going through a divorce you must be not only getting the best property settlement lawyers but also sound financial and tax advice. You can also ask
Are Divorce Settlements Taxable in Australia? Read More »
Family Law property settlements involve the division of assets that have been accumulated while a couple is married or in a de facto relationship. The ‘asset pool’ is a concept used to divide the property in a value-neutral way, meaning no one spouse is advantaged or disadvantaged. To ensure a balanced division of assets, it
Asset Pool Division in Family Law Property Settlements Read More »
When you are preparing a will, your lawyer may suggest that you consider setting up a testamentary trust will. Changes to the taxation system, an ageing population and ever-increasing divorce rates have meant traditional estate planning has been revolutionised over the last decade. Where people used to think no further than creating a simple will,
Setting Up a Testamentary Trust Will Read More »
In parenting disputes, it is common to see parents requesting drug testing in the Family Court. Drug use is not specifically mentioned anywhere in the Family Law Act 1975, but drug use – whether that is because of addiction or for recreational purposes – can have an impact on the court’s orders for custody and
Drug Testing In The Family Court Read More »