RISK A CODICIL OR DO A NEW WILL?

When a person wishes to change an existing Will, there is often a temptation, rather than preparing a whole new Will, to simply amend the existing, most recent Will by a Codicil.  However, unless the change to the existing Will is of the most minor nature and the Codicil is being prepared by a Lawyer […]

Read More

Is your Super in your Will?

It is a common misconception that when you die, your hard earned and treasured Superannuation savings contained in your Superannuation Members account form part of your Estate and will be distributed to the beneficiaries nominated in your Will.  However, that is not necessarily so. In a nutshell, unless the Superannuation Fund prohibits it, you can […]

Read More

Superannuation Death Benefit Nominations – Get it right or else!

The recent judgment of the Court in Munro and Anor (2015) QSC 61 is a timely reminder to Lawyers, Accountants and others involved in the preparation of Superannuation Binding Death Benefit Nominations, Directives and Agreements, to ensure that the proposed beneficiaries of a deceased’s Superannuation Member’s Death Benefit are correctly and precisely specified in accordance […]

Read More

Pitfalls in Lease Rental Review Clauses

The most common forms of Rental Review provisions in Commercial Leases normally provide for annual rental increases during the lease term and for Market Rental Reviews at the commencement of an extended term. Annual Rental Increases during Lease Term Annual rental increases during the term of a lease are normally calculated by a fixed percentage […]

Read More