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MIRROR WILLS & MUTUAL WILLS - WHAT IS THE DIFFERENCE?

MIRROR WILLS & MUTUAL WILLS - WHAT IS THE DIFFERENCE? Thu, 25 Jul 19
Many people are proactive when it comes to their estate planning matters, and make sure that they have a current and valid will which documents their intentions upon their passing. Couples who are in a relationship and who have children often choose to have their wills drafted to leave everything to each other, and if they do not survive each other, then to their children. This is generally termed a mirror will.

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THE IMPORTANCE OF A CURRENT WILL

THE IMPORTANCE OF A CURRENT WILL Thu, 20 Jun 19
A recent decision of the Supreme Court of Queensland has highlighted the importance of firstly, having a valid will, and secondly, understanding the correct way to have your will updated if you change your mind about the contents of your will, including changes to any beneficiaries.

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THE END OF PAPER CERTIFICATES OF TITLE

THE END OF PAPER CERTIFICATES OF TITLE Thu, 20 Jun 19
The paper certificate of title is the latest casualty in the slow shift towards become a paperless society thanks to the passing of the Land, explosives and Other Legislation Amendment Act 2019 (‘OLAA’) last month. While this will likely be a positive change for those who deal with conveyancing matters regularly, it is a move that is likely to unsettle some of the older members of society, and during its ‘settling in’ period, is likely to cause some confusion.

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AFFINITY LAWYERS RELOCATION

AFFINITY LAWYERS RELOCATION Mon, 13 May 19
We are pleased to announce that Affinity Lawyers have relocated our office, a short distance, to larger premises, being Suite 8/465 Oxley Drive, Runaway Bay Gold Coast. The paramount consideration in the relocation decision, was the ability to remain up on the Northern Gold Coast, thereby enabling convenience and exceptional service levels, while continuing our expansion to meet the needs and expectations of our clients.

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INTERNATIONAL WILLS

Mon, 13 May 19
As we become an increasingly globalised society, it is becoming more common for people’s Estates to include foreign assets. If you have assets located overseas, whether it be real property (like a house or land) or personal property (such as bank accounts, vehicles, boats and household items), advice should be sought and careful consideration given to your foreign assets during the estate planning process in order to avoid unforeseen issues arising.

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INJUNCTIONS

INJUNCTIONS Mon, 13 May 19
An injunction can be described as a court order by which one party is required to perform, or is restrained from performing, a particular act. An example is a breach of confidential information from an employer, such as a client list that is being used by a former employee to build a business in competition with the former employer. If this has occurred the employer may have a right to obtain an injunction against the former employee pending a final hearing of the dispute. Seeking and obtaining an urgent injunction can be an important step in protecting your business from loss of profits due to an unlawful act.

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