Welcome to this Edition of Hill Legal Insights – your go-to source for the latest legal developments and insights
Dear Super
We are delighted to bring you another edition of Hill Legal Insights, where we share with you our expert opinions and insights on the most recent and relevant changes in the law that affect you, your family and your business.
At Hill Legal, our aim is to provide you with information that is clear, concise and practical, enabling you to make the best decisions for your personal and professional needs. We hope you will find this edition informative and useful, and we look forward to receiving your feedback and suggestions for future topics.
Thank you for choosing Hill Legal as your trusted legal partner. We appreciate your continued support and loyalty.
Are you ready? Exploring the Latest Land Tax and Vacant Residential Land Tax Updates
We are 80% FULL! In case you missed our last email or your Agent hasn’t shared this, we have exciting news for real estate professionals and our clients!
Want a sneak peek into the recent updates on Land Tax and Vacant Residential Land Tax?
Our video gives you just that. Get ready to stay ahead of the game and don’t get caught out.
But that’s not all! Mark your calendars for our upcoming event in late March, where we’ll dive even deeper into these changes at a venue soon to be announced in Mornington.
Don’t miss out on this opportunity to gain invaluable knowledge and network with industry experts. Fill in our Registration of Interest form below or reply to this email, to register your interest and be the first to secure your spot!
Autumn Leaves & Legal Ease: Refresh Your Affairs Before the Chill Sets In
As golden leaves swirl and the air turns crisp, it’s the perfect time to declutter your life – including your legal affairs. Review Hill Legal’s Autumn Legal Audit Checklist below and say goodbye to autumnal anxieties!
Personal Documents:
Dust off your Will and Power of Attorney (POA) – are they still in tune with your changing life?
Check that passports, driver’s licenses, and birth certificates haven’t fallen to the wayside – are they ready for new adventures?
Give your insurance policies a fiery review – are you snuggled up with adequate coverage?
Gather your financial foliage – bank statements, tax returns – for easy autumnal browsing.
Property Matters:
Check property titles and deeds – are there any lingering legal shadows hiding beneath the fallen leaves?
Review tenancy agreements and lease terms – ensure your rental nest is secure this season.
Tend to home maintenance records – valuable fuel for future buyers or unexpected storms.
Business & Work:
Inspect contracts and agreements for outdated clauses or potential chills.
Ensure business licenses and permits are blooming with validity.
Verify employee records and compliance with legal sunshine.
Digital Den:
Rake through online passwords – strengthen your digital defenses before the wind picks up.
Adjust privacy settings on social media platforms – let your online persona bask in comfortable anonymity.
Back up important documents and photos – keep your memories safe from autumnal showers.
Autumnal Legal Tune-Up Bonus:
Tend to any outstanding loans or debts – develop a plan to banish them before winter sets in.
Check for legal notices or judgments – address them promptly for a clear autumn sky.
Schedule a consultation with Hill Legal for personalised legal advice and warmth.
Embrace the autumn breeze with a clean legal slate! Save our checklist and contact Hill Legal today for a cozy and secure future.
Maximising Financial Support: Special Disability Trusts for Your Loved Ones
Navigating the intricacies of caring for a family member with severe disabilities can present both emotional and financial challenges. However, amidst these challenges, there lies an avenue of relief: Special Disability Trusts.
Whether you’re contemplating securing a lasting legacy for your family member or seeking immediate support, a Special Disability Trust could prove invaluable.
While we acknowledge the perceived complexity surrounding trust establishment and management, it’s essential to note a potential opportunity for financial relief – the stamp duty exemption. Through this exemption, your disabled family member could receive a property gift, exempt from stamp duty, provided they meet the eligibility criteria outlined by Services Australia or the Department of Veteran’s Affairs.
This exemption could result in significant savings, potentially up to $82,000, based on prevailing property values and land transfer duty rates.
Should you wish to explore the establishment of a Special Disability Trust or pursue a stamp duty exemption to enhance support for your loved one, we invite you to reach out. Our team stands ready to provide guidance and support tailored to your unique circumstances.
Empower yourself with the knowledge and resources to optimise financial support for your family member with disabilities. Together, let’s begin this journey towards greater stability and security.