I love Will Kits! Strange for a lawyer to say that isn’t it? I love them because no matter how many I see there are always problems with them, not necessarily by the form itself but by the way people complete them (or sometimes don’t complete them). And in my world, problems equals profits. The […]
For a long time now I have been an outspoken critic of the trend for governments to move towards heavy taxes being imposed on Australians for probate services. Last April (2016) I responded to the latest Probate fee increase implemented by the South Australian Government. The fee increase, was, as I went on to explain, […]
Jason Coluccio writes frankly about future directions in the legal profession, why law firms are facing huge challenges today and what he did about it. When I joined the legal profession in 2011 it was not as a fledgling, wide-eyed twenty-something graduate (with minimal life experience), but rather, as a reasonably savvy businessman with a […]
The purchase of real estate is nearly always a significant event in a person’s life. During this time, the buyer will be asking some very serious practical questions such a; can I afford a mortgage? What will the repayments be? How is my life about to change? As lawyers, we find that there is one […]
Arguably the most successful songwriter of all time, John Winston Lennon, was tragically murdered in 1980. With such a sudden death, taking place during what was possibly the peak of his solo career, one must wonder about the specifics of his estate? After all, even by today’s standards, he was what we would consider to […]
A recent Revenue Ruling by the Commissioner of State Taxation has now made clear that the use and implementation of including the phrase ‘and or nominee’ in a contract, most likely for the purchase of land, is no longer required. A word of warning. If you think it is now safe to begin executing contracts […]
Welden & Coluccio Lawyers are thrilled to announce that they are finalists in the Australian Small Business Champions Awards. The prestigious event, held annually in Sydney, is described as the ‘Oscars event for small businesses’. Greg Welden and his wife Tanya will represent the firm tomorrow night, 1st April 2017, at a gala presentation dinner […]
For many Australians times are financially tough. It is quite a source of frustration to know that you have a stash of money growing in a super fund, yet are struggling with mortgage repayments and the rising costs of living. Add to this an unexpected illness or significant misfortune and you may find yourself asking […]
At times, as Estate Specialists, we are asked questions relating to the implications for gifting their inheritance to other family members. One such elderly couple came to us asking if they could gift their share of an inheritance to their daughter. Obviously this couple had no need for the inheritance and wanted to provide the […]
Robert F Kennedy in his 1966 speech that referenced an ancient Chinese curse said, “We live in interesting times. They are times of danger and uncertainty; but they are also the most creative of any time in the history of mankind.” While Kennedy was speaking to his generation, his words ring true for 2017 and […]