An 'Ancillary Fund' is a special type of trust that can be used to collect and distribute donations for charitable purposes. The Fund can be set up through a trust deed while you are alive, or through your Will. Importantly, the Fund does not undertake charitable work itself, but can be used as a collection point to pool donations and then distribute them to charities and causes, as decided by the trustees.
Deciding to purchase property with another person is likely to be one of the most significant financial decision you may make in your lifetime. Unfortunately, things do not always go to plan and it may be the case that one of you wants ‘out’.
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?Andrew2017-03-08T13:36:35+09:30
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
- Is your commercial lease compliant with the PPSR regime? GalleryAreas of Law, Business, Business Interest, Commercial/Business, Facebook Published, LinkedIn Published, Marketing, Newsletter Published, Newsletters, PPSR, Property, Twitter Published, Wealth
Is your commercial lease compliant with the PPSR regime? You need to know the answer to this question. Everyone has heard about the Personal Property Securities Register (PPSR), which came online on 30 January 2012. The implications of the new registration system are still not widely known. For many people the need for registration is only discovered after it is too late.
We were dealing with liquidators, receivers and third parties. Andreyev Lawyers provided strategy with precision.
Andrew’s presentation on property investing and joint ventures was fantastic – 2 hours jam-packed with practical information and tales from his years of experience.
One thing that stands out for me about working with Andreyev Lawyers is that it doesn’t feel like a big firm where you can get lost. Whether you’re big or small you get treated with respect. And trust is very important.
We went to Andreyev Lawyers when we needed a commercial lease prepared for our investment property in Chatswood.
By now, everyone has heard about the Personal Property Securities Register (PPSR), which came online on 30 January 2012, (well, we hope so!). However, the implications of the new registration system are still not widely known.
What are my options for owning and managing property jointly? How can I avoid disputes with my co-owner?Andrew2018-06-14T15:57:03+09:30
Tenancy-in-common ownership gives each co-owner title to and control over a fixed interest in the property. This makes it a flexible and autonomous way to own property. But what happens when the co-owners don’t agree?
Hear Andrew Andreyev on ABC Radio 891 Drive-time in Adelaide discuss the pros and cons of buying property with family and friends.
Andrew’s presentation style hits the sweet spot, providing enough relevant material to satisfy people’s appetite, without sounding too much like a 'law lecture'
You could be in a de facto relationship without even realising it – and, if so, your personal assets are at serious risk in the event that you and your de facto part ways.
Property is relatively easy to buy - and even easier to buy with a friend. But if you haven't planned for when things go wrong, the whole exercise can turn into an expensive debacle.