Family provision claims in New South Wales are governed by the Succession Act 2006 (NSW) and allow eligible persons to seek a share or a larger share of a deceased person's estate if they believe they have not been adequately provided for in the deceased's...
It is not uncommon that family members, friends and even investors purchase property together but what happens if one of those purchasers want to sell but the other owner/s want to keep the property?...
In this clip we discuss lending money to children. While families may feel compelled to assist their children with property purchases or business ventures without formalities or professional advice, there are considerable risks for both the lending parents and borrowing children if legal advice...
Australians love our furry family members. In fact, the federal government’s Pets in Australia survey found that more than 60 per cent of Australian households have a pet. However, the rules about renting with pets can be confusing. Here’s what you need to know....
Drafting a Will is a crucial aspect of an effective estate plan as it ensures your assets are distributed according to your wishes on your death. However, there are some rules on what assets can be, and cannot be, disposed of under your Will. ...
What is the difference between gifting money or loaning money to my family members?...
Lending within family members, especially parents lending to their children, is on the rise due to escalating housing costs and economic constraints in Australia. Although there might be a tendency to rely on informal arrangements, our experienced lawyers at Solari and Stock know that a...
Signing a Will is an important life admin task that most people want to do as quickly and as effortlessly as possible. But without proper care and attention, mistakes could result in your Will being invalid and of no effect. ...
On 1 February 2024 changes introduced to the Land Tax Management Act (LTMA) 1956 become effective, changing the eligibility for principal place of residence exemption for landowners (PPR exemption). If you own less than a 25% interest in the land, and you currently receive a...
