News 2

RMO’s Annual Staff Christmas Party

RMO held our annual staff Christmas Party last night at Oche's in Fortitude Valley. A great night was had with staff from all branch offices attending for drinks and darts. A few bullseyes and a fair few complete misses, it was great fun! See a few snaps below:

“No Body, No Parole”: No Escape

There has recently been a review of the Queensland parole legislation.

Specifically, the Corrective Services Act 2006 has been amended to reflect a “No body, No Parole” policy, which has previously been adopted in other Australian jurisdictions including Victoria, Northern Territory and South Australia.

RMO Weekly Case Note

Reverse mortgages are known to be a “last resort” for retirees and pensioners. The main reason for this low usage of reverse mortgages is due to the risk of will disputes between beneficiaries and reduced equity later in life.

Wills

Everybody has heard of a will. A lot of people would have had to deal with a will when somebody close to them has died. But, not everybody has a will. Why? There are plenty of excuses for not making a will, such as “I have plenty of time to make a will” or “They are too expensive”.

Navigating A Property Settlement

The Family Law Act 1975 (“the Act“) and case law sets out the basis for determining how the division of assets between spouses occurs. Understanding the considerations of how a just and equitable property settlement is determined, what circumstances provide for maintenance of a party, and what time limitations exist are of critical importance.

Issues In Giving A Buyer Early Occupation

There may be a number of reasons why a seller is asked by a buyer for permission for the buyer to take occupation of a property before settlement has taken place. Whatever the reason, the seller must give careful consideration before agreeing to give the buyer early occupation. There are a number of potential problems with giving a buyer obtaining early occupation.

International Travel With Your Child: What Hurdles Do I Need To Jump Through?

International travel with children is a fairly straightforward thing to do these days, however when it comes to separated parents it can become very complex. Ordinarily international travel with children is straightforward – decide where you are going, when, book a ticket and travel. However, for those in family law disputes, it’s not that straightforward.Sometimes a parent won’t agree to your travel plans or there is a Family Law Watchlist Order (“Order“) in place.Sometimes a parent won’t sign the passport application. What then?

Challenging A Bank Guarantee

This is both a cautionary tale for anyone who is contemplating acting as guarantor of someone else’s liability, and a David-and-Goliath story of a battle with a major bank.

Death Of A Parent: What Then?

The case of Kelly & Landridge [2013] FCCA 1737 provides an outline of the considerations to be made for the death of a parent, when a loving mother suddenly dies, leaving three children of three different fathers and a maternal grandmother to work out the arrangements for the care of the children.

RMO Weekly Case Note

Reverse mortgages are known to be a “last resort” for retirees and pensioners. The main reason for this low usage of reverse mortgages is due to the risk of will disputes between beneficiaries and reduced equity later in life.

Why You Shouldn’t Let Your Tenants Overstay The Lease

Stamp duty (or transfer duty) is a tax payable to the Office of State Revenue (“OSR”) when a person acquires or purchases property such as land, house or rights to land. Chapter 2, Part 9 of the Duties Act 2001 (“Act”) provides concessions for stamp duty if a buyer meets certain criteria. A buyer who buys a property to live in as his/her principal place of residence is eligible to apply for concession on the stamp duty. In some circumstance, such as a first time buyer, the concession may result in nil stamp duty assessment if the purchase price is less than $500,000.