The law is fluid and often only changes when situations arise forcing an otherwise unanticipated outcome. This is a case study on businesses in Family Law compiled from a number of matters our firm has handled.
Mediation (noun): a non-binding process parties may elect to partake in aimed at working through issues and disputes in a family law matter.
Division of the assets (noun): a percentage figure based on the contributions and future needs of parties to a relationship which determines how much of the asset pool they will receive.
Ever since the Dallas Buyers Club debacle last year, Australia has watched carefully how movie piracy laws will develop. That development recently came to a head when the Federal Court of Australia handed down a landmark decision on movie piracy/copyright law.
Often we tend to assume that a Will is the most important Estate Planning document. However, our ageing population goes to show just how important the other Estate Planning documents are.
A recent matter of ours involved a woman who attended our office to discuss the recent passing of her husband. She was the sole executor and sole beneficiary of the Estate. She was grieving and struggling to discuss the Estate and to understand the process required to obtain legal authority to deal with the deceased’s assets (by obtaining a Grant of Probate).
The law is fluid and often only changes when situations arise forcing an otherwise unanticipated outcome. This is a case study on transferring property to loved ones which our firm has dealt with in the past.
If you need to go through old drawers, push past scrap paper and old receipts, then wipe away a layer of dust - all to find your Will - then chances are that it needs updating.