How can I provide for the future of my child with a disability?
Posted by PW Lawyers
on 15 August 2024
We all want the best for our children. Having a child with a disability can create its own anxieties about their future. It is not uncommon for parents to think about what care and support is available to your child if you are no longer able to care for them. There are several steps you can take ...
Posted in:Estate PlanningLegal ServicesSpecial Disability Trusts |
What is Valuable Consideration?
Posted by PW Lawyers
on 13 August 2024
At law, the concept of "valuable consideration" is fundamental. It is especially relevant in contract law and is one of the essential elements required to form a legally binding contract. Without valuable consideration, a contract can be unenforceable.
Definition of Consideration
Cons...
Posted in:Legal ServicesValuable ConsiderationContracts |
What is the difference between tenants in common and joint tenants?
Posted by PW Lawyers
on 13 August 2024
When it comes to property ownership in New South Wales, the two most common forms of co-ownership are "tenants in common" and "joint tenants." While both involve two or more parties owning a property together, they are vastly different and have distinct legal implications and ...
Posted in:Tenants in CommonJoint Tenants |
What is Notional Estate?
Posted by PW Lawyers
on 13 August 2024
The term "notional estate" refers to assets that do not form part of your estate at the time of your death but can be included in your estate for the purposes of family provision claims.
In NSW, the concept of notional estate is governed by the Succession Act 2006 (NSW). Notional ...
Posted in:Estate PlanningNotional Estate |
How do I Contest a Family Provision Claim?
Posted by PW Lawyers
on 13 August 2024
An eligible person can make a claim for a share of a deceased estate through a family provision claim. A family provision claim is made under Section 59 of the Succession Act 2006 (NSW) and must be made within 12 months of the deceased’s death, unless otherwise allowed for by the court...
Posted in:Estate PlanningFamily Provision Claim |