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testamentary trust setup benefits

Key Benefits of Testamentary Trust Setup

Establishing a testamentary trust offers significant advantages in estate planning. Testamentary trust setup benefits include enhanced asset protection, tax efficiency, and controlled asset distribution, making them a strategic choice for protecting beneficiaries and reducing family conflicts. Understanding these key aspects is crucial when deciding if a testamentary trust aligns with your long-term financial goals. A …

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Remote Work Injury Liability

Remote Work Injury Liability: A New Legal Frontier

On 18 October 2024, the South Australian Employment Tribunal delivered a judgment in Vercoe v Local Government Association Workers Compensation Scheme [2024] SAET 91. This case has significant implications for remote work injury liability. Lauren Vercoe tripped over a pet fence she set up in her home while working remotely. She filed a workers’ compensation …

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joint tenancy vs tenancy in common

Joint Tenancy vs Tenancy in Common Explained: Understanding Co-Ownership

Introduction When entering the property market with others, it’s important to understand the differences between joint tenancy vs tenancy in common. These co-ownership structures not only determine how you share ownership but also define your rights to the property. Choosing the right type of ownership structure depends on your relationship with the co-owner and your …

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stand down fair work

When and How Employers Can Lawfully Stand Down Employees Under the Fair Work Act 

The Fair Work Act 2009 (Cth) (“the Act“) provides the statutory legal framework for managing various aspects of employee/employer relationships. One of the key provisions in the Fair Work Act 2009 (Cth) is the stand down provision under section 524, which allows employers to temporarily stand down employees without pay in certain circumstances. These provisions …

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NSW probate executor duties

NSW Probate Executor Duties: A Guide to Navigating Your Role

Taking on NSW probate executor duties can feel overwhelming, especially while grieving. But with the right guidance, you can manage the responsibilities with clarity and confidence. In this article, we break down handling probate in NSW. We also cover how to fulfill your duties as an executor efficiently. How Do I Know if I’m the …

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reasonable job relocation guidelines

Reasonable Job Relocation Guidelines: Legal Implications and Best Practices for Employers

When is Reasonable Relocation considered Reasonable or Unreasonable? Job relocation can have an immense impact on both the employer and employee. When businesses need to move due to expansion or financial constraints, it’s crucial for employers to understand reasonable job relocation guidelines and carefully consider the associated legal implications. This article examines what constitutes reasonable …

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business purchase legal advice

Business Purchase Legal Advice: Expert Guidance for Buying a Business in Sydney

Purchasing a business is one of the riskiest investments you can make, yet it often receives less scrutiny than it deserves. Before diving in, it’s essential to seek business purchase legal advice early in the process. However, there are critical steps you can take yourself beforehand. If you’re buying a business in Sydney and need …

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homeownership challenges in Australia

Homeownership Challenges in Australia

Introduction Australia’s housing market space presents many significant hurdles for first-home buyers. Homeownership challenges in Australia are driven by inflation of housing prices, student debt, and strict guidelines for obtaining a mortgage. Consequently, this article will explore the homeownership challenges in Australia and how it has become increasingly difficult to purchase or obtain a loan …

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