In August this year, we were lucky enough to move into our new, purpose-built offices at 179 Grange Road, Findon. What made Findon such an attractive proposition? Aside from our desire to grow the business in Jason’s home neighbourhood, our new building began life as a branch of the Commonwealth Bank and still houses their walk-in bank vault. Why is that important? Because safe storage is … [Read more...]
HIDDEN TRAPS IN BABY BOOMER HOME SALE SUPER INCENTIVES
As we get older, some things just get harder to manage. That goes especially for the traditional family home. When you’re in your 30s, maintaining a house with two big yards is something to look forward to on the weekend. But when you’re in your 60s, you just want to enjoy your retirement. For many of my parents’ generation – the Baby Boomers – the decision to downsize is a tough … [Read more...]
Not So Fast, the Rightful Owner’s Furious.
A battle over a stolen Lamborghini has shown that possession really isn’t 9/10th of the law. It all began when a widow went searching for her late husband’s prized Lamborghini Espada, gifted to her in his will and thought to be stored in a farm shed, only to discover the car had been stolen. Some time after it was pinched, the car was bought by a collector, who had it in his possession for … [Read more...]
Doyle’s Guide 2017: Welden & Coluccio Lawyers Reach New Heights
At Welden & Coluccio Lawyers we absolutely love what we do. In fact, the passion that we have for Estate Planning, Administration and Litigation is the real secret to our success. Perhaps somewhat of an industry secret, Doyle’s Guide, is an annual publication that celebrates the best lawyers, barristers and law firms in the business. Within each area of law, and for each State, rankings … [Read more...]
Will Kits Strike Again!
Believe me when I say that I have a love, hate relationship with Will kits. I love them because, no matter how many I see, there are ALWAYS problems with them. Issues arise not necessarily through the blank document (or template) itself, but by the way people complete them (or sometimes don’t complete them). And in my world, problems equal profits. However, at the same time my feelings … [Read more...]
Relationships Register – It’s good….but…
The Relationships Register Act 2016 and the register itself, recently came into effect this week (August 2017). A press release from the Premier’s Department heavily emphasised the ability for same sex couples to now register their relationship (like a marriage). Of course, the register can be used by anyone in a relationship, gay or straight. However, and this is where I am critical of the … [Read more...]
Death & Debt: Who Pays?
Wealth. Perhaps it’s best to enjoy it now; because you certainly won’t be taking it with you to the hereafter. It is a sobering thought, and one made a little less depressing, by the reality that you won’t be able to take your debt with you either. While we don’t physically take our debts with us to the grave, in many situations these debts, contrary to widespread belief, do not necessarily … [Read more...]
Fighting Families: Why People Contest Estates?
While blood may be thicker than water, this is not always enough when it comes to preventing families from bickering over the estate of a loved one. While it doesn’t happen all the time, it does happen and, and it would seem that having a Will in place, does not necessarily make this less likely to occur. Typically, the larger the estate, the more likely it is for disputes to arise between the … [Read more...]
Elder Financial Abuse: A Growing Concern
There is growing talk about younger generations moving into adulthood with a sense of entitlement. While this condition is often spoken of in relation to Gen Y’s; a sense of being entitled to things in the ‘now’ and without having worked for them is an affliction to which no generation is immune. Of course, while it is one thing to expect to have material things handed to you on a silver … [Read more...]
What does a good estate lawyer do?
While most lawyers draft Wills, unfortunately (and it pains me to say this), not all of them do this well. This begs the question, what does a good estate lawyer do, and, how do I know if the person drafting my Will is any good? It is important to note that if you die without a Will you die intestate. Essentially this means that, since you fail to express your wishes, there can be no … [Read more...]
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