Law Info

Battle of Wills

  Battle of Wills – My husband died 6 months ago and left $150,000 to one of my sons and to the other, our holiday home. I feel that this is a little unfair given that the price of the house is worth approximately $400,000 – $500,000. As his widow am I able to Contest … Continue reading Battle of Wills

Death Duties In Australia!

Inheritance Tax, commonly referred to as “death duties”, has not applied in Australia since 1981. Despite abolishing Inheritance Tax, there are still a number of taxes, that may impact on you if you receive an inheritance from a deceased Estate. Capital Gains Tax  If you inherit shares or real estate then Capital Gains Tax may … Continue reading Death Duties In Australia!

Estate Planning

I’m interested in finding out more about Estate Planning. Is this something that can be discussed when I see my lawyer to make a Will, or do I need to see my accountant as it involves financials? Estate Planning is definitely something that you need to discuss with your Lawyer, even before you consider making … Continue reading Estate Planning