UK Australians Prepare for Major Changes in Inheritance Tax Laws
UK-Born Australians Face a Ticking Tax Bomb Over 1.1 million UK-born Australians are facing a significant tax challenge as the UK’s inheritance tax changes are set to take effect in April 2025. These changes could have profound implications for individuals who hold dual citizenship or have assets in both Australia and the UK. Understanding these […]
Top Factors to Consider Before Selling Your Investment Property
Should I Sell My Investment Property? From a conveyancing perspective, the decision to sell your investment property involves weighing various factors, including capital gains tax considerations, tenancy agreements, and your personal circumstances. Understanding these elements is crucial to making an informed decision that aligns with your financial goals. 1. Capital Gains Tax Considerations One of […]
Supreme Court Ruling Highlights Need for Effective Estate Planning
Supreme Court Decision Reinforces Importance of Estate Planning At Hill Legal, we frequently encounter concerns from will-makers and advisers regarding the potential for adult children to contest an estate if they are not included in a will. A recent Supreme Court decision from Tasmania provides a timely and reassuring answer to this concern, highlighting the […]
Better Targeted Superannuation Concessions Impact on High Balance Individuals
Government Pushes Forward with Division 296 Laws The Australian Government has introduced the Better Targeted Superannuation Concessions package to Parliament through the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026. This legislative measure aims to reduce the tax concessions available to individuals with superannuation balances exceeding $3.0 million, thereby addressing concerns […]
ATO Draft Determination TD 2026D1 Impact on Deceased Estates and CGT Exemption
ATO Draft Determination TD 2026/D1: Implications for Deceased Estates The Australian Taxation Office (ATO) has recently issued draft determination TD 2026/D1 on January 28, 2026, which significantly narrows the circumstances under which a deceased estate can access the Capital Gains Tax (CGT) main residence exemption. This change is particularly relevant for cases where an individual […]
Transformative Changes in Conveyancing in New South Wales 2016
What Did 2016 Look Like in Conveyancing? Lately, there has been a resurgence of interest in the year 2016, with many reflecting on its significance. While it may not have been a pivotal year for everyone, it certainly marked a transformative period for the conveyancing industry in New South Wales. This year signified a major […]
When Love, Location and Legacy Collide: Lessons from a Cross-Border Estate Dispute
A recent Supreme Court of New South Wales decision has highlighted just how complex estate administration can become when modern relationships and international lifestyles collide. At Hill Legal, we see this case as a timely reminder that estate planning today is no longer just about having a Will in place. It is about understanding how […]
Dunham Case Highlights Need for Legal Wills in NSW
Importance of Legal Wills: Insights from the Dunham Case Research conducted by NSW Trustee and Guardian in 2023 revealed a concerning statistic: 60% of NSW residents do not have a legal Will document in place. This lack of preparedness can lead to significant complications for families and loved ones left behind. The recent Victorian Supreme […]
Court Ruling Redefines Property Rights in De Facto Relationships
Legal Insights: Court Decision on Property Ownership After Death When Robin Geoffrey Tarrant passed away in July 2024, he left behind his de facto partner of over eight years, Vanda Crothers. The will he left behind granted Ms. Crothers only a limited right to reside in their jointly-owned home for ten years. Despite her significant […]
Robyn Margaret Wise Estate Case Insights on Probate and Administration
Robyn Margaret Wise Estate Case Overview Robyn Margaret Wise passed away in April 2011, leaving behind a will that appointed her son Shane and her de facto partner Stephen as co-executors of her estate. The will stipulated that Stephen would receive half the value of the family home, while Shane and his brother Craig were […]
