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Posts by Michelle Davidson

Property Ownership

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When purchasing a property one of the most important questions you will need to ask yourself and put your mind to is the way you would like to own the property. There are four main forms of ownership. These include sole proprietorship, joint tenants, tenants in common in equal shares and tenants in common in…

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Jointly Owned Assets & Death

Jointly Owned Assets

Many people are surprised to learn that assets held jointly with another person usually do not form part of their estate when they pass away. In fact, some surprising things can happen with jointly owned assets which you may not be aware of. Let’s take a look at some of the more common ones. Real…

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Cooling Off Periods

Cooling Off Period

Purchasing a property is a big deal! Finding the right property that meets your needs and desires can be difficult. When you think you have found the right property and have signed the contract of sale, it could be comforting to know that you have a cooling off period. Section 31 of the Sale of…

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Overseas Assets and Australian Wills

Overseas Assets and Australian Wills

With such a multicultural population, it is not uncommon for us to meet with clients who have assets in overseas countries, whether that be real estate, bank accounts or superannuation funds. But does their Australian Will cover these assets? The default answer is generally no – unless the foreign country where those assets are held…

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Free Seminar for Financial Planners:

5 September 2018!

Free Seminar for Financial Planners 5 Sept 2018

If you’re a Financial Planner, you’re invited to a free seminar! Join us on 5 September 2018 for lunch and to hear Jessica Amberley discuss topics like: Click to view flyer Testamentary Trusts and Asset Protection – Bloodline and 3G trusts – How good is the protection? – Additional strategies   Tricky Gifts – Overseas…

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Voluntary Assisted Dying – Euthanasia in Victoria

Voluntary Assisted Dying - Euthanasia in Victoria

In 2017, the Victorian government introduced the Voluntary Assisted Dying Bill 2017 (Vic), which will come into effect in 2019. The purpose of this bill is to regulate and facilitate the process by which Victorians could be permitted to make informed decisions regarding their own end of life choices. ‘Voluntary Assisted Dying’ (VAD) means ‘the…

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Advance Care Directives – Part 3 – Values Directives

Advance Care Directive Values Directive Lawyers Melbourne

In an Advance Care Directive you are able to include Values Directives and Instructional Directives to provide your Medical Treatment Decision Maker with guidelines on what you would like to happen should you lose capacity and are unable to make medical decisions on your own. What is a Values Directive? A values directive is a…

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Advance Care Directive – Part 2 – Instructional Directives

advance care directive instructional directive medical treatment decision maker

In Advance Care Directives you are able to include Values Directives and Instructional Directives to provide your Medical Treatment Decision Maker with guidelines on what you would like to happen should you lose capacity and are unable to make medical decisions on your own. An Instructional directive should only be completed if you know exactly…

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Advance Care Directive – Part 1

advance care directive appointment of medical treatment decision maker

On 12 March 2018 the laws in relation to Medical Powers of Attorney changed. To help you understand the changes, we will be writing a 3 part article series – welcome to Part 1! The main changes to the legislation were: They are no longer referred to as Medical Powers of Attorney but instead Appointment…

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The effect of marriage and divorce on a Will

Effect of Marriage or Divorce on Will

Life changes often mean you need to update your Will, and marriage and divorce are no exceptions. What is the effect of marriage on my Will? In most cases your marriage will revoke your Will, meaning that you would no longer have a valid Will in place once you are married. There are some clauses…

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