Unfortunately we have experienced matters where people have separated but were not divorced from their ex-partners and had then passed away. In these cases they had not updated their Will which left their assets to the person they had recently separated from. It is fair to assume that you would not like to leave everything you own to the person you are no longer with. Another unfortunate circumstance we have assisted with is where a person has passed away without a Will, having left a new partner and a previous partner they were yet to divorce from. In these cases the law says the deceased’s assets are divided equally between their new partner and the ex-partner. As you can see, it is vital that you update or prepare a Will with Caldwell Martin Cox Solicitors should you separate from your partner.
Land Tax
Many people think that Land Tax doesn’t apply to them, not realising that it can indeed apply to the land they own unless an exemption applies or they do not reach the threshold Every landowner needs to be aware that Revenue NSW has a compliance program. Statistics...
