Land Tax – concessions available

Land Tax is payable on the taxable value of all land situated in NSW and is charged on land as owned at midnight on the 31st December each year. Land Tax is payable by the owner of the land on all land owned by that owner in NSW which is not exempt. Joint owners of...

Definition of an Audit

Audit Noun: 1. an official examination and verification of accounts and records, especially of financial accounts. 2. a report or statement reflecting an audit; a final statement of account Verb: 1. To make an audit of; examine (accounts, records, etc) for purposes of...

Testamentary Capacity

When making a Will it is crucial that the Will maker has testamentary capacity to ensure that their Will is valid. The case of Bank v Goodfellow (1870) outlines the test to determine testamentary capacity, which is as follows: the Will maker understands they are...

Elder Law – Safeguarding the Elderly

Do you have any concerns about the overall care of  your elderly loved ones? Do you know of a person, who is the only person who has or holds  on behalf of your elderly loved one, Power of Attorney document (relates to financial decisions) and/or Enduring Guardianship...