It shouldn’t come as a surprise that selling or buying real estate via an auction is now very much a thing. If you visit any real estate website or app, the far majority of properties are listed for auction. In this podcast, Big Law Director, Sylvia Lopez, discusses what you need to know about auctions.
What You Need to Know About Auctions
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Things to Read
When an Inheritance Disappears: How Ademption Affects Wills
Sometimes, a gift promised in a Will isn’t there when it’s time to distribute the estate. A property may have been sold, a bank account closed, or investments restructured. When this happens, the law calls it ademption — and the intended beneficiary may receive nothing. It can occur for many reasons: a home sold to… Read More »When an Inheritance Disappears: How Ademption Affects Wills
What Happens to Your Property When a Joint Tenant Dies in Queensland?
When you own property with someone, it’s natural to wonder what happens if one of you dies. In Queensland, if the property is held as joint tenants, the surviving owner automatically inherits the deceased’s share under the right of survivorship. This means the property doesn’t form part of the deceased’s estate or pass under their… Read More »What Happens to Your Property When a Joint Tenant Dies in Queensland?
Law Update 1 January 2025 – Changes to the Foreign Resident Capital Gains Withholding Tax Regime
There have been significant changes to the Foreign Resident Capital Gains Withholding (FRCGW) Tax Regime that have come into effect from 1 January 2025. These changes will affect all property sales. Summary of Changes Previous Regime New Regime (effective 1 January 2025) Withholding Rate 12.5% 15% Applicable To Purchase Price greater than or equal toRead More »Law Update 1 January 2025 – Changes to the Foreign Resident Capital Gains Withholding Tax Regime
The Presumption of Revocation of a Will in Queensland: Understanding Its Implications and Prevention
In estate planning and succession law, few concepts carry as much weight and potential consequence as the presumption of revocation of a Will. This legal principle can significantly impact the distribution of a deceased person's assets and the fulfilment of their final wishes. As such, both testators (those making a Will) and potential beneficiaries mustRead More »The Presumption of Revocation of a Will in Queensland: Understanding Its Implications and Prevention
Podcasts to Listen to
The Impact of Business Structures on Estate Planning
In this episode of the Big Law Podcast, estate planning lawyer Elise Jaques joins us to explore the key business structures that impact estate planning. From sole traders to companies and trusts, Elise breaks down the essential differences between each structure and shares what estate planning documents business owners should have in place. With practicalRead More »The Impact of Business Structures on Estate Planning
Joint Tenancy or Tenants in Common. What’s Best for Estate Planning
In this episode of the Big Law Podcast, we sit down with estate planning lawyer Elise Jaques to discuss the crucial differences between joint tenancy and tenancy in common. Elise shares practical insights on determining how your property is owned and the steps you can take to align ownership with your estate planning goals. WhetherRead More »Joint Tenancy or Tenants in Common. What’s Best for Estate Planning
The Importance of Having Your Contract Reviewed Before Signing
In this podcast, Big Law Director and Property Lawyer Sylvia Lopez discusses why you should always have your REIQ contract reviewed before signing. Sylvia Lopez Legal Practitioner Director Contact Us
Estate Planning & Capacity. What You Need to Know
In this podcast, we talk about a topic that touches the core of estate planning in decision-making, testamentary capacity. Contact Us