What assets are not distributable under a Will?
Having your Will in place ensures that your assets are distributed to your loved ones according to your wishes. Typical assets include property, cars, bank accounts, jewellery or even limited edition shoes. However, not all these assets may be distributable under your Will.
Can a Power of Attorney made overseas be used in Australia, or vice versa?
A Power of Attorney (‘POA’) is a legal document which allows a person (referred to as the ‘principal’) to appoint someone (the ‘attorney’) to make decisions on the principal’s behalf for personal and/or financial matters. The principal determines the scope and duration of the attorney’s powers. It is important to choose a trusted person, who […]
Changes to the FIRB Approval Procedure
I am a landlord – what should I consider before renting out my commercial property?
The Australian rental market prices are skyrocketing, which is great news for those entering the market as a landlord. Before you start making a profit on your new investment, make sure you understand your obligations first. Commercial or Retail? Firstly, identify whether your property will be used as a retail or commercial space. Retail leases […]
