Skip to content

+613 9326 2627

+613 9629 9630

admin@legalessentials.com.au

Level 2, 91 William Street, Melbourne, 3000

PEXA member conveyancing melbourne

Legal Essentials News

Categories

a house

Right to Reside v Life Interest

September 17, 2019

When you own a property or part of a property in your own name, your Will controls what happens to that property. We often see clients wishing to provide a loved one (usually a spouse) with the ability to live in that house, and yet still ensuring that the house ultimately ends up with someone…

two people talking

When Executors Don’t See Eye to Eye

August 16, 2019

It is not uncommon for Wills to appoint more than one person as Executors- often adult siblings. And unfortunately, it is also not uncommon for siblings to fight. We see this regularly in estates where the siblings are both Executors but can’t agree or communicate on the running of the estate. So, what happens? Initial…

Aged Care, Granny Flats & Estate Planning

July 19, 2019

If you or a parent are entering Aged Care, it can be overwhelming. Quite apart from the emotional upheaval, the financial implications can be complex, and good quality financial advice is a must. But equally important is making sure you review your estate planning at the same time. You need to make sure your Will…

When Is Probate Needed?

July 1, 2019

One of the main questions we get asked by clients is ‘do I need to get Probate?’. The answer is not always a simple yes or no. To determine whether or not probate is needed we need to look at what assets were held by the deceased at the time of their death. Before banks…

conveyancing conveyancer melbourne

Property Ownership

May 13, 2019

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…

Jointly Owned Assets

Jointly Owned Assets & Death

October 1, 2018

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…

Cooling Off Period

Cooling Off Periods

September 10, 2018

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…

Overseas Assets and Australian Wills

Overseas Assets and Australian Wills

August 27, 2018

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…

Free Seminar for Financial Planners 5 Sept 2018

Free Seminar for Financial Planners:

5 September 2018!

August 9, 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: Testamentary Trusts and Asset Protection – Bloodline and 3G trusts – How good is the protection? – Additional strategies   Tricky Gifts – Overseas assets – Digital assets…

Voluntary Assisted Dying - Euthanasia in Victoria

Voluntary Assisted Dying – Euthanasia in Victoria

July 30, 2018

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…