You can update your online Legal Consolidated 3-Generation Testamentary Trust Wills and POAs for free. As often as you wish. 1. Log back into: https://www.legalconsolidated.com.au/ 2. Go to Your Documents (under “Home”) 3. Email the Invoice...
The Dangers of “Exotic” Powers of Attorney Sometimes clients want to add additional clauses to their POA. These additions backfire and increase the risk that banks, land titles offices and government agencies will reject your POA. Instead, to have the highest...
Commercial vs Retail Shop Lease: how to escape the Retail Shop lease straitjacket A costly mistake is entering into a Retail Shop lease when you do not have to. Sadly, a Landlord may own a property that looks like a shop and rent it to a business that feels like a...
No free ride for beneficiaries buying assets out of the deceased estate: Shand v State Revenue Beneficiaries often receive assets from a deceased estate without paying stamp duty, but is that always the case? This is especially true if they have a 3-Generation...
Non-Delegation in Wills: Why a Will Maker must give clear direction on how to distribute wealth in their Will In estate planning, clarity and specificity are essential. A Will maker must personally state their intentions in the Will to ensure their estate is...
Do you worry about how your farm continues after you hang up your boots? Farming is more than a business. It is a way of life, a heritage handed down through generations. At Legal Consolidated, we provide legal documents to ensure that your life’s work flourishes and...
Setting up a trust so assets only go to children, grandchildren and direct bloodline descendants As tax lawyers, clients instruct us to set up structures to stop the loss of wealth to the: family court divorce protection trusts in Wills bankruptcy trusts in Wills...
Family Trusts owning land suffer additional stamp duty and land tax. This is because states believe all Family Trusts have foreigners. Build this Deed of Variation to exclude foreigners to stop the penalty taxes. Foreign person surcharges are additional taxes levied...
