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Understanding Australian Law


About Me

Understanding Australian Law

Hello, my name is Nigel and this is my law blog. The law can be a complicated and complex thing to try and understand, especially if you are not a trained lawyer. I am not a legal professional but I take a deep interest in the law. It all started when my uncle was involved in a lengthy court case and I decided to find out a little bit more about it. I started reading a legal book and didn't stop. I am fascinated by the law so I decided to start a blog so I could share my passion with others.

Archive

3 Questions Couples Should Ask Themselves During a High Net Worth Divorce

As if divorce is not already complicated, imagine having to undergo divorce in a high-net-worth marriage. Indeed, you and your spouse may own and operate large amounts of property within the marriage. This includes having high monthly incomes, shares in public companies, owning large pieces of land and even owning intellectual property. Distributing marital property during divorce is done on a case-by-case basis. As opposed to other countries where the law may provide for a 50/50 distribution or an equitable distribution of marital assets, Australia's family law provisions give judges discretion in determining the best way through which these assets will be distributed. Read More 

What Happens to the Property After a Divorce?

Divorce is a long process that can drain you physically and emotionally. In the physical sense, the process is complicated and time-consuming. That's not all; you have to divide the family properties have to be split between you and your partner. Properties to be shared include but not limited to rental houses, stock options, retirement benefits and brokerage accounts. There are just a lot of things involved. Even for the court, deciding who should own what is not an easy thing. Read More 

Types of Lawyers

At some point in life, you will probably need the services of a lawyer. Lawyers are experts of the law and are therefore essential in offering legal advice, representing clients in court, drafting contracts of property sale and preparing wills. Although all lawyers undergo similar basic training, they end up specializing in specific fields. Below are some of the various types of lawyers. Property Lawyers Property lawyers are experts in real estate. Read More 

Preparing a watertight power of attorney document for your estate

If you own certain properties or financial possessions, you may wish to have someone make decisions on your behalf when you're away. You may also need someone to take over the decision making of your assets if you become incapacitated, or during periods when you're out of the country. A Power of Attorney is a legal document that makes it possible for you to transfer decision-making responsibilities to another person. Read More 

How a conveyance will simplify your property transfer process

Real estate transactions can be very sensitive, especially because of the volumes of money transacted. Most investors normally make a lot of assumptions in relation to what they need in order to make a successful buy or sale of a property. However, it is essential to get the needed legal advice to avoid complications and losses which result from failure to follow the rule of law when transacting. Checking the contracts Read More