The sale of your main residence (home) is generally exempt from Capital Gains Tax (CGT). If you pass away, your main residence may be sold by your executors or beneficiaries. This article outlines the main residence exemption for deceased estates and the ‘safe harbour’ for executors and beneficiaries to access the exemption where certain factors delay the sale. Read More
As shocking stories of abuse emerge from the Royal Commission into Aged Care, public concern over elder abuse in Australia heightens. Tomorrow, 15 June 2019 marks World Elder Abuse Awareness Day. In this article, we outline the common forms of elder abuse and how to protect yourself and others from abuse. Read More
Deborah joined the firm in April 2019 as an Associate. Prior to joining, Deborah worked at several long-established suburban firms, practising principally in wills and estates. Deborah also gained broad experience in family law and property law, giving her a well-rounded understanding of, and holistic approach to, wills and estates matters. Read More
Terminally ill Victorians will soon be able to end their lives with medical help as the state becomes the first to legalise voluntary assisted dying this month. The Voluntary Assisted Dying Act 2017 (Vic), which comes into effect on June 19, allows someone with a terminal disease or condition who is experiencing intolerable suffering to access prescribed medication that will end their life. Read More
Child support obligations following the breakdown of a relationship can create a significant financial burden. The use of a Child Maintenance Trust (CMT) may achieve a reduction in the tax payable and should be given some thought. Read More