Saturday, March 8, 2014

What You Should Know About Wills and Estates From Your Lawyer in the Inner West

What are the consequences of not having a Will? The job of sorting out your estate will fall on those closest to you, be it friends or relatives or other interested parties. The reason that a person may be required to sort out your affairs will be to take account of any funds in your bank account, or your entitlements to a pension, or the transfer of any land or personal property you own, the claiming of superannuation or shares or other funds held on your account and the payment of outstanding bills. The other job that has to be attended to is the arrangement of your funeral.

The tracking down of likely other interested parties who could be potential beneficiaries of the deceased’s estate can be very time consuming and difficult for the applicant. In this regard, you could definitely benefit from the services of an Inner West lawyer.

Wednesday, March 5, 2014

Property and Conveyancing in the Inner West

Forum Law has started the New Year with a steady stream of sales and purchase transactions, which have indicated to us that it’s still a seller’s market, as some of our prospective purchaser clients have missed out on being the successful purchasers on sales of properties mainly in the inner west. We had an increase in the number of sales of commercial properties towards the end of 2013, as well as increased volumes of commercial and retail leasing.

There are also new laws being introduced in respect of any swimming pools on the property. Any existing contracts for sale of a property, therefore, will have to be updated to ensure that the contract complies with the new laws of disclosure and compliance with these new requirements. Legal services related to conveyancing in the Inner West, therefore, continue to be relevant to facilitate smoother sales transactions.