Estate Planning – what is an Estate Plan?

Estate Planning – what is an Estate Plan? An estate plan involves more than signing a Will and storing it in a ‘safe place’. Estate planning requires a holistic approach in consideration of a person’s present circumstances and foreseeable future. A plan needs to...

GST and Residential Property Transactions

GST and Residential Property Transactions The responsibility for remitting Goods and Services Tax (GST) to the Australian Taxation Office (ATO) generally falls on the party making the ‘supply’. In a property transaction, this has traditionally meant the vendor or...

Debt Recovery Basics for Business

Debt recovery basics for business If you are owed money for goods or services, the first step in attempting to recover it is generally to send a letter of demand to the other party setting out the amount of money outstanding and giving them a defined period of time...

Why everyone needs a Power of Attorney

Why everyone needs a Power of Attorney Most people over 18 years of age should consider having a Power of Attorney in place. A Power of Attorney is a legal document made by a person (known as the principal) that authorises one or more others, on behalf of the...