The fear of missing out on a deal and concerns about ‘timing’ the market may result in a Seller rushing to sign a Contract without considering the consequences. The right of a Buyer to change their mind and terminate a Contract under the Cooling Off...Read More
To battle the rise in cost of living, interest when you separate rates and property prices, we are seeing an increase in parents, siblings and friends pooling their funds together to purchase their dream home. Sounds like a perfect solution on face value. It is...Read More
One of the various roles of an Executor is to make sure that all estate debts are paid. In particular, an Executor needs to make sure any tax liability of the deceased during their lifetime or of their estate is accounted for. Keeping records of everything that might...Read More
We look at whether you need an ATO Clearance Certificate when selling property. The answer is yes, if: you are selling real estate over $750,000; and you don’t want 12.5% of the sale price to be paid to the ATO. The ATO requires the Certificate to be obtained before...Read More
If you are appointed as the executor of an estate, you have a number of duties cast upon you. They include: maximising the size of the estate for the beneficiaries; and preparing any necessary tax return or obtaining Income Tax Clearances. Estate administration...Read More
