Nuts and Bolts of Land Tax Surcharge and Discretionary Trusts

What is the surcharge land tax? Commencing the 2017 land tax year (that is ownership of land at midnight, 31 December 2016) surcharge land tax applies to foreign persons including foreign corporations, trusts and government who own residential land in NSW....

Transferring Dutiable Land – Order of Operations

You act for Robert who is the executor of his late wife Maggie’s estate, along with Maggie’s three children. Robert brings in the original will which was prepared by another solicitor in 1998.You are surprised when reviewing the will that Robert was not left...

SMSF Deeds

It is strongly advised that SMSF Deeds are reviewed before 1 July 2017 and updated where necessary. We are pleased to advise JMA Legal has reviewed and amended its SMSF Deed to satisfy the upcoming Federal legislative changes. In particular our deed allows...

Time to Downsize?

The Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 1 Act 2017 commenced operation on 1 July 2018 and provides that if you are 65 years or older and meet the eligibility requirements, you may be able to contribute up to...

Thinking of buying or selling a Residential property?

A ‘Residential property’ cannot be advertised for sale, either privately or by an agent, until a Contract for Sale, also known as a listing contract, has been prepared. The listing contract must contain at least: a copy of current title documents (title...

Lost trust deed and the presumption of regularity

You arrive at work early Tuesday morning grateful for the peace and quiet of your office after a morning of melodramatic tantrums by your two year old son. You’d given him 3 strawberries, turns out he only wanted 2, and the morning went downhill from there....

Nuts and Bolts of Land Tax Surcharge and Discretionary Trusts

Transferring Dutiable Land – Order of Operations

SMSF Deeds

Time to Downsize?

Thinking of buying or selling a Residential property?

Lost trust deed and the presumption of regularity

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