What are the Benefits of a Testamentary Trust?

Posted by PW Lawyers on 14 November 2024
What are the Benefits of a Testamentary Trust?
A testamentary trust is a trust established by a Will that comes into effect upon the death of the testator. It offers several benefits, making it a popular choice for estate planning. Here are some of the key advantages: 1. Asset Protection   Protection from creditors: Assets held in a ...
Posted in:Legal ServicesTestamentary Trust  

Is there a time limit on family provision claims?

Posted by PW Lawyers on 12 November 2024
Is there a time limit on family provision claims?
In New South Wales, family provision claims are a legal mechanism for individuals who believe they have not been adequately provided for in a deceased person's Will or Estate. These claims are governed by the Succession Act 2006 (NSW), which sets out specific timeframes and con...
Posted in:Legal ServicesFamily Provision Claim  

What is the difference between challenging and contesting a will?

Posted by PW Lawyers on 12 November 2024
What is the difference between challenging and contesting a will?
In the context of wills and estates in New South Wales, the terms "challenging" and "contesting" can be somewhat vague or indistinguishable terms. However, they can be used describe different legal actions, each with distinct purposes and grounds. Challenging a Will Challeng...
Posted in:Legal ServicesWillsFamily Provision Claim  

4 Basic Things to Look for When Buying a Property!

Posted on 7 November 2024
4 Basic Things to Look for When Buying a Property!
It can be an exciting yet daunting time buying a property. It is also a significant investment, so it is important that you do your due diligence before purchasing a property.  Here are four basic things to consider before buying a property.   1.  Check the condition of the ...
Posted in:Legal ServicesConveyancing  

What is a Franchise Agreement?

Posted by PW Lawyers on 24 October 2024
What is a Franchise Agreement?
A franchise agreement is a legal agreement between the franchisee and the franchisor. It outlines the terms and conditions in which the franchisee will operate under the franchisor’s brand, systems and supports. The agreement is subject to the Franchising Code of Conduct, which outlines the...
Posted in:Legal ServicesFranchise