Having a trust is not something that’s reserved for wealthy families. In fact, it can be a viable financial strategy for many people, and we’ll discuss what you need to know should you be interested in setting one up. In simple terms, a trust is a legal entity that lets a trustee or…
After countless hours of home inspections, location visiting, and countless checklists, you’ve finally found your dream home. It comes with a perfect backyard, a porch that wraps perfectly around the front yard, and it’s not too far from the city—most of all, it falls right within your budget. While an exhilarating feeling, the chaos of…
What is a Power of Attorney? A Power of Attorney (POA) is a legal document giving the executor the power to act on behalf of your wishes. It gives them legal authority to move assets, allocate possessions and be present when the principal can’t. The document can either give broad or limited legal…
When it comes to planning for the future, the last thing most people think about is a Will. If you travel or go overseas, you will be required to write a Will in case you become incapacitated and are unable to communicate your wishes. That being said, a Will is important even when…
Despite the fancy-sounding title, estate planning is not just for the rich and wealthy. In fact, the term “estate” might not mean what you think it does at all.When it comes down to it, deciding who will inherit your estate is a big decision and an important part of life planning. Smart estate planning helps protect families…
A clearance certificate provides certainty to purchasers regarding their withholding obligations. It confirms the withholding tax is not applicable to the transaction. The purchaser must withhold 12.5% of the purchase price in transactions involving taxable Australian real property, or an indirect Australian real property interest that provides company title interests, with a market value of…
The Family Law act is in place to set guidelines across a broad range of topics related to separating families. Family Law Act 1975 – Relevant Sections. It encourages all involved parties to come to an arrangement that is most beneficial for the children. The written agreement is the first step in developing a…
[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”Roboto|300|||||||” text_text_color=”#000000″ header_font=”Roboto||||||||” header_2_font=”Roboto||||||||” header_3_font=”Roboto||||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] If you are in your 30’s a will is probably one of the last things you are considering having done in the near future. There are a few situations that would…
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.6.5″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ header_font=”Roboto||||||||” header_2_font=”Roboto||||||||” header_3_font=”Roboto||||||||” text_font=”Roboto|300|||||||” text_text_color=”#000000″ sticky_enabled=”0″] Avoid these pitfalls when buying or selling a property! Buying or selling a home can be exciting as it is stressful, there are many hurdles you need to clear to ensure you are…
During a separation, it can be one of the most difficult and emotional periods for a family to face, there are a lot of factors to consider post the separation including asset division, co-parenting arrangements and more. Our team here at Springfield Legal have been working with families for well over a decade…
