The first rung on the property ladder is higher off the ground than it used to be. Parents who are still active but have reached retirement increasingly want to use their savings to help adult children or grandchildren to buy a property. Their intentions are to use the funds now while it can really help
When administering a deceased estate, it is easy to become overwhelmed with all the steps you need to take and the hoops you need to jump through. Managing real estate owned by a deceased proprietor can add some tough decisions to the list of things to deal with. At Snedden Hall and Gallop, we understand
In Raad v Gedeon [2022] ACTSC 337 the ACT Supreme Court considered whether a surviving spouse who elects to appropriate the dwelling house towards their interest in an intestate estate, must account to the estate for the value of the house which exceeds their statutory entitlement. The decision overturned the earlier ruling in the case
Different generations are choosing to live together again. With home ownership becoming more difficult for younger people to achieve and people living active lives for longer, we increasingly have conversations with clients about how to make inter-generational living work for them. A useful tool is the granny flat interest. The granny flat does not have
Running your business through a Company makes sense for risk management. You have already had advice about some of the benefits that make the extra set-up costs worthwhile. Here are a few: employing staff and paying contractors is easier; there is a better chance of protecting your personal assets; you can turn your hard work
What happens when you move to another country, but still have some key items left at your place of origin? People who migrate to Australia permanently will often retain assets in their country of origin. For the purposes of estate planning, this can give rise to a number of complexities. When a person migrates to
Different generations are choosing to live together again. With home ownership becoming more difficult for younger people to achieve and people living active lives for longer, we increasingly have conversations with clients about how to make inter-generational living work for them. A useful tool is the granny flat interest. The granny flat does not have
On this World Elder Abuse Awareness Day 2020, we are reflecting on the role members of our firm can take to not only raise awareness of elder abuse, but also prevent elder abuse by providing support to our clients and members of our community. Elder abuse is any act that causes harm to an older
In the ACT Government’s COVID-19 Emergency Response Legislation, legal documents can now be witnessed by video. In this article Julia Bridgewater outline which documents apply and how it works. This change is effective from 17 May 2021 to 14 February 2022. Which documents apply? Where the signature on any document has to be witnessed by
Continuing our current COVID-19 series, we will discuss how to use powers or attorney effectively. This free webinar will focus on how to let other people complete transactions on your behalf and explore ways to manage your risk when delegating authority. This session will be presented by Julia Bridgewater, Special Counsel and head of the
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