by kristy@thecollectiveco.com.au | Jun 18, 2020 | Estate Planning, News
In this VLOG Camille looks Testamentary Trusts and their benefits What is a Testamentary Trust? A testamentary trust is essentially just a trust created under your will, and it only comes into effect after you pass away. You may have heard of family trust, that...
by kristy@thecollectiveco.com.au | Jun 15, 2020 | Estate Planning, News
In this VLOG Camille looks at the DIY Will and why you should avoid them. Why should you seek proper legal advice? Unfortunately we see first hand the expensive mess left behind when people attempt a DIY Will. Homemade Wills often cause significant delays in...
by kristy@thecollectiveco.com.au | Jun 4, 2020 | COVID-19, News, Property
Under the HomeBuilder Scheme eligible purchasers or home renovators will receive a $25,000.00 grant on new home builds or substantial renovation works for properties being used as their principle place of residence. Are you eligible? You will be eligible for...
by kristy@thecollectiveco.com.au | May 20, 2020 | Estate Planning, News, Property
Research shows that around 50% of people in NSW do not have a Will. So what are the consequences if you die without a Will? A person who dies without a Will is said to have died “intestate”. The assets of a person who has died intestate are distributed according...
by kristy@thecollectiveco.com.au | May 14, 2020 | Estate Planning, News
When delving into the world of estate planning, it is important to consider the treatment of a disabled beneficiary under a Will. Some common concerns that clients have include: How an inheritance will impact on the disabled person’s pension entitlements Protecting...
by kristy@thecollectiveco.com.au | May 11, 2020 | COVID-19, News
In this VLOG on the amendments to the Residential Tenancies Act, Marcus discusses what this means for tenants and landlords in the residential space. Are you eligible? To be eligible, you must prove a 25% decline in your total household income. And this total...