Wills & Estates

Losing the Main Residence Exemption

If Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No 2) Bill 2018 (‘Bill’) is passed Australian citizens may lose the benefit of the main residence exemption. The Bill has passed the House of Representatives and is before the Senate. If passed it can apply to sales of homes[…]

Your marriage and your Will

On 9 December 2017, amendments to the Marriage Act 1961 commenced to redefine marriage as the ‘union of 2 people to the exclusion of all others, voluntarily entered into for life’. There are many couples celebrating these amendments which became effective at midnight on 8 December 2017. However, for those[…]

Mutual Wills: what they are and when to use them

A mutual will agreement is an arrangement where two people each agree to bequeath property in a certain way conditional upon the other person bequeathing property in a similar or complementary fashion. This type of arrangement may be used in second relationships where each partner leaves his or her estate[…]