Bowen Buchbinder Vilensky (BBV) is one of Western Australia’s most respected law firms, delivering legal advice and solutions across a full range of practice areas.
BBV is the first significant law firm in Perth to offer legal services on a Fixed Fee Pricing basis – we no longer bill by the hour. This revolutionary approach focuses on delivering greater certainty and peace of mind to our clients. It is also consistent with our intent to become a firm of the future. In adopting Fixed Fee Pricing, BBV is helping shape the future of the legal profession into one that is more client focused and outcome driven.
BBV is recognised by the Law Society of Western Australia as an Approved Quality Practice.
By Rhonda Griffiths, Special Counsel at Bowen Buchbinder Vilensky Lawyers
14 August 2018
State tax on real estate transfers used to be called stamp duty- as the documents would be stamped.
Since 2008 state land transfer tax is called Duty under the Duties Act (WA).
What happens where an interest in property is transferred during a marriage or de-facto relationship by one of the parties to the marriage to the other party?
However, duty concessions can support happy families. When, sadly, the relationship has ended and the couple is splitting up, duty relief may also be available.
PART 1 When the couple are settled and happy in their relationship
Duty that would otherwise be charged on land transactions where a couple has established a home together, is exempted by Section 97 of the Duties Act 2008 (WA).
Posted on: Aug 14, 2018
11 August 2017
Here we go again....!
Several significant changes to the superannuation rules became effective from 1 July 2017.Do you really need to know about them? Yes, you do!
Not only will the changes impact on your plans for your superannuation and retirement, but they will very likely also impact on your estate planning objectives and arrangements.
Ok, So What Has Changed?
In summary, the new rules after 30 June 2017 in relation to pensions include the following:
1. A person cannot start a pension with an account balance supporting a pension of over $1.6m (or continue such a pension after 30 June 2017).
2. This limit is called a person’s “transfer balance cap”.
3. When a person starts a pension after 30 June 2017, they will have a “transfer balance account”.
Posted on: Aug 11, 2017
Daniel Yazdani, Solicitor at Bowen Buchbinder Vilensky Lawyers
21 July 2017
You have invested a lot of time and money into having a carefully crafted Will prepared as part of your estate planning.
What happens if some time later you look for your Will and you cannot find it?
This question has been frequently asked. But why is finding the original Will important? The answer is: your original Will is required to be provided to the Supreme Court of Western Australia as part of your Executor’s Application for a Grant of Probate of your Will.
What happens if an Executor can only find copies of the signed Will?
Although it is procedurally more difficult, a copy of a Will can (in certain circumstances) be admitted for a Grant of Probate. In these cases, the Supreme Court must be satisfied that the copy of the Will reflects the last Will of the deceased person concerned.
Posted on: Jul 21, 2017
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