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6/11 Prince of Wales Avenue South West Rocks,
PO Box 16 South West Rocks NSW 2431

T 02 6566 6250

Level 1 22 Belgrave Street Kempsey
PO Box 161 Kempsey NSW 2440

T 02 6562 3300

GST

GST law change for the purchase of new residential properties

Tax Laws have changed from 1 July 2018. What is the new Tax Law? Purchasers of new residential properties, where the vendor is registered for GST, are required to pay a portion of the purchase price directly to the Australian Tax Office (ATO) on or before settlement of the purchase. How much GST is payable? The purchaser will be required […]

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Our top 8 legal films and tv series

Our Top 8 Legal Films and TV Series

Here’s a little secret about our staff – we’re movie and TV series buffs! We’ve had a bit of fun compiling some of our all-time favourite legal films and TV series. 8. The Lincoln Lawyer What is it about? The Lincoln Lawyer is a 2011 American legal-thriller starring Matthew McConaughey as lawyer, Mickey Haller. Mickey Haller works out of his […]

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Grant of probate

Grant of Probate

In Estate matters, we often get asked why a grant of probate may be required. When a person passes away, their estate must be administered. The deceased may have had minimal assets, such as a car and a small amount in a bank account.  In this case, the estate can be straightforward requiring only a death certificate to sell and […]

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Electronic contracts

How binding are electronic contracts?

Electronic contracts are becoming more frequent in both business and personal use. There are a number of ways an electronic contract can be executed: • Clicking a checkbox to acknowledge agreement. • Typing yes or I agree in a form online. • Signing a document with a stylus or your finger. • Using a facility such as DocuSign to electronically sign a document. These […]

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Testamentary Capacity

How does testamentary capacity affect a will?

A will is a legal document instructing on the distribution of a person’s assets after their death.  Anyone over 18 can make a valid will, as long as they have “testamentary capacity”. What is testamentary capacity? Testamentary capacity means that a person has the required mental capacity to make a will.  It refers to a person’s mental capacity opposed to […]

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Airbnb

Airbnb party houses facing crackdown in NSW

Airbnb is becoming increasingly popular with investors and home owners with space to spare. However, Airbnb party houses are receiving a crackdown in NSW, the toughest in the country. This article from News.com.au is an interesting read into the new rules hosts are facing in NSW.

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Transfer of property

The transfer of property and stamp duty

At Sheridan Legal, we often get asked about the transfer of property (as opposed to the sale) between related parties. It’s possible to do a transfer of property from one party to another. One major cost that you will usually have to pay is stamp duty. However, there are a few situations where stamp duty is exempt (or at least, […]

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Financial agreement

Is a Financial Agreement right for you?

A financial agreement is commonly referred to as a “prenuptial agreement”. However, these agreements can be executed before, during or after a relationship. A financial agreement allows couples to negotiate how they will divide their assets on their own terms without involving a court. It avoids: – the cost and stress of arguing over a property settlement in the event of separation; […]

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DIY Conveyancing

DIY Conveyancing

Whether you are buying or selling, there are a number of pitfalls to DIY Conveyancing. DIY Conveyancing is where you decide to act for yourself, rather than paying for a professional service. The sale or purchase of a property is likely the largest financial transaction that you will experience during your lifetime. It is best that this transaction is left […]

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off the plan

Purchasing real estate “off the plan”

What does buying “off the plan” mean? Often, buying off the plan means that the land hasn’t been subdivided yet. The developer will have plans in place, but the subdivision won’t be registered. An “off the plan” purchase may include the construction of a house. This is usually referred to as a “house and land package”. The contract will include […]

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