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What is a Testamentary Trust?
Testamentary Trusts are discretionary trusts established via a Will.
ASAP Lawyers
Sep 5, 20222 min read
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Debt recovery when the debtor is a company
Have you found yourself in a position where you are owed money and the entity that owes you money is a company? Contact us to discuss.
ASAP Lawyers
Aug 30, 20222 min read
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Purchasing in a Retirement Village? What is the ARVAS?
The Australian Retirement Village Accreditation Scheme is the primary accreditation scheme for retirement village and seniors housing.
ASAP Lawyers
Aug 22, 20221 min read
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What to consider when buying a property unconditional as to finance
Most purchasers of real estate rely heavily on borrowing funds from lenders to complete the transaction.
ASAP Lawyers
Aug 15, 20222 min read
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What is a mortgage?
A mortgage is a loan in which property is used as collateral.
ASAP Lawyers
Aug 3, 20222 min read
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What is the required testamentary capacity when making a will?
When making a will the testator (person who is making the will) must have the required mental capacity and intent.
ASAP Lawyers
Jul 29, 20222 min read
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Buying at or before an auction
the very nature of an auction can create inherent risks for a purchaser and it is important for purchasers to consider the following items.
ASAP Lawyers
Jul 18, 20222 min read
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Separated by not divorced? What happens to your will?
If you are separated but are not yet divorced, under the law you are still considered married and your Will assumes the same.
ASAP Lawyers
Jul 15, 20222 min read
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The Lawyer’s Role in Subdivisions
If you currently have one or more parcels of land that you would like reconfigured, this can be done by a process referred to as subdivision
ASAP Lawyers
Jul 12, 20223 min read
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What is a binding death nomination?
Unlike other assets, a person’s superannuation does not automatically form part of their estate. A binding death nomination is important.
ASAP Lawyers
Jul 11, 20222 min read
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Why is it Important to have a Loan Agreement?
It is essential that a formal loan agreement be entered by parties intending to lend or borrow money.
ASAP Lawyers
Jul 11, 20223 min read
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What is a caveat?
A caveat is a notice of an interest in the property. It can be registered on the title of the property if you have a caveatable interest.
ASAP Lawyers
Jun 2, 20223 min read
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How is the property of a deceased person distributed outside a will?
The property of a deceased person can be distributed in a number of ways. You must take care when dealing with your property in a will.
ASAP Lawyers
May 26, 20223 min read
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What is a retail lease?
Retail leases are a type of commercial lease and in Victoria are governed by the Retail Leases Act 2003
ASAP Lawyers
May 17, 20222 min read
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Types of ownership
Types of ownership of jointly owned property.
ASAP Lawyers
May 2, 20222 min read
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What to consider before purchasing a business
Buying a business is a complex process that requires a significant amount of attention. It is important to understand the reasons...
ASAP Lawyers
Apr 19, 20222 min read
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Letters of Administration with the Will annexed
When a person dies with a Will, however, the named executor has died, renounced, cannot be found or is unable or unwilling to act in the...
ASAP Lawyers
Apr 13, 20222 min read
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What is GST Withholding
Purchasers are required to withhold GST and remit it to the ATO on the purchase of new residential premises or potential residential land.
ASAP Lawyers
Apr 8, 20222 min read
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How to sell your business
Selling your business can be a complex and time-consuming process.
ASAP Lawyers
Apr 5, 20222 min read
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Partition Agreements - The Process and Evidentiary Requirements
A partition agreement is an agreement that can be entered into by co-owners of a property for the purposes of partitioning ownership
ASAP Lawyers
Apr 5, 20222 min read
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