Self Managed Super Funds – buying property

Since 2007, self-managed super funds (SMSF) have been permitted to borrow money to invest in all types of real property including residential property, commercial property and industrial property. Prior to 2007, SMSFs could purchase property but were not...

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...

Home Insurance Traps

When homeowners leave their homes unoccupied for extended periods of time, insurers have found that the risk of break-ins, burglaries and property damage through robbery and vandalism increases. An insurance policy is a contract where the insured party must...

Taking water under a basic landholder right

Jack is a mad gardener and owns a small 5 acre property on a hill near the Tumut River. Jack lives off grid and has a veggie patch that’s the envy of the district. There is a small 3 meter wide strip of land owned by Jill between Jack’s property and the...