Many commercial leases contain an option to renew for the tenant, which must be exercised by giving notice in writing to the landlord within a time frame. A South Australian dispute around service of an option to renew highlights the importance of understanding the finer details of your commercial lease.
High Court determines Binding Death Benefit Nominations for self-managed super funds are not bound by Reg 6.17A of the Superannuation Industry (Supervision) Regulations.
Losing a trust deed has significant implications for the Trustee and beneficiaries of the Trust. Learn how to protect your trust deed and options available to you if it cannot be found.
After a relationship breaks down, leading to separation, an application is often made to a court for a property settlement. There are many common assets (real estate, vehicles, bank accounts etc) but there are some more uncommon “financial resources”; like an interest in a Testamentary Trust which also need to be disclosed during negotiations.
A Testamentary Trust is a Trust established within a valid Will and comes into effect upon the death of the Will maker. Incorporating provisions for a Testamentary Trust in a Will makes the administration more complex if the Trust is activated.
Most adults should have a valid Will. During the course of a lifetime, they should regularly review the provisions of their Will. In this article, we look at the various stages of life in relation to requirements for their Will at that point in time.
On 2 July 2020, significant amendments made to the Land Acquisition Act dealing with compulsory acquisition of land came into effect in South Australia.