Trusts remain a valuable estate planning and asset protection tool, but they also carry ongoing compliance obligations.
Advice
As mental capacity declines, families are often confronted with difficult legal and financial decisions. Many are surprised to learn that a Power of Attorney may no longer be valid.
A recent High Court judgment shows how an unclear cancellation notice and a failure to follow the correct legal process can derail an otherwise strong case, leaving landlords with an expensive lesson in the importance of getting the basics right.
Most buyers treat a deposit as a show of good faith. The law treats it very differently. When a sale collapses because of a buyer’s breach, that deposit may be lost entirely.
A comprehensive estate plan is essential to ensure that we’re on track to leave our loved ones financially secure.
The Constitutional Court recently expanded access to redistribution orders for spouses married out of community of property without accrual, particularly where strict enforcement of an antenuptial contract would produce unfair financial consequences at divorce.
A deck collapsed seven months after transfer. The buyers, convinced they’d been sold a raw prawn, headed to the courts.
The administrators of residential complexes tread a fine line. They must implement and enforce conduct rules for the good of the complex as a whole, but without unjustly impinging on the constitutional rights of individuals.
Your will must always lie at the heart of your estate planning. But don’t concentrate solely on the financial wellbeing of your family after you are gone.
You will have to pay a variety of costs over and above the purchase price. What are those costs and when must you pay them?