Prasad Legal Solutions in Sydney, Australia | Lawyer & law firm

Prasad Legal Solutions

Locality: Sydney, Australia

Phone: +61 452 114 727

Address: Baulkham Hills 2153 Sydney, NSW, Australia

Website: http://www.prasadlegalsolutions.com.au

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25.01.2022 http://www.domesticviolence.nsw.gov.au/

25.01.2022 Big thank you to all our clients and well wishers for your contribution to our success in the past 3 years and we look forward to providing you with our highest standard of service in future. *Contact us for up to 30 minutes free consultation*

24.01.2022 Interesting High Court case - how are debts dealt with in a property settlement?

23.01.2022 A conversation could change a life...R U OK?

22.01.2022 Do you know the condition of the property you are buying? http://www.fairtrading.nsw.gov.au//property_inspections.pa

20.01.2022 WE INVITE YOU TO CELEBRATE WITH US! With your continuing support, Prasad Legal Solutions is very proud to celebrate its success over the last 12 months. Did you know that 45% of Australians do not have a valid Will?... To show our appreciation, we are offering our clients, friends and families, an opportunity to have their SIMPLE WILL prepared or updated for ONLY $99.00!* What is a Will? A Will is a legal document which sets out who is to be in charge of administering your estate (your executor) and who is to receive your assets (your beneficiaries) when you die. What happens if you die without a Will? If you die without a Will, the distribution of your assets is determined according to the rules of Intestacy and distributed according to a pre-determined formula. Your spouse will have the primary entitlement to your estate after your death, followed by children, parents, brothers and sisters and so forth. There is a prescribed order of inheritance under the Succession Act and dying without a Will could mean that your estate is open to claim from an eligible relative. If your only living relatives are more distant than cousins, then your estate will pass to the government. Why should you make a Will? You should make a Will so you can express your intention as to how your estate is to be distributed after your death and to provide adequately for all relevant family members especially in blended families. You can also document your burial wishes, donations to charity organisations and even care of your pets. Making a Will also avoids cost, delay and difficulty for your family in administering your estate and reduces the potential for dispute. Can you make your own Will? A Will is an important LEGAL document. It is therefore advisable to have your Will drafted by a legally qualified professional to ensure your wishes are properly recorded and carried out. There are strict requirements to ensure that a Will is valid. A professional will ask you all the right questions to make sure that you have considered every possibility and your Will is still the best instrument for you and your family. Contact us to discuss your particular situation and your familys needs. *Offer price only valid till 30 October 2016. Like our Facebook Page to stay informed of our future promotions and legal updates.

19.01.2022 DO YOU HAVE A VALID WILL? The Australian Securities and Investments Commission estimates that nearly half of people in the country die without a will. NSW Trustee and Guardian claims a similar figure that at least 45 per cent of individuals havent yet written a will.... What is a WILL? A Will is a legal document which sets out who is to be in charge of administering your estate (your executor) and who is to receive your assets (your beneficiaries) when you die. What happens if you die without a Will? If you die without a Will, the distribution of your assets is determined according to the rules of Intestacy and distributed according to a pre-determined formula. Your spouse will have the primary entitlement to your estate after your death, followed by children, parents, brothers and sisters and so forth. There is a prescribed order of inheritance under the Succession Act and dying without a Will could mean that your estate is open to claim from an eligible relative. If your only living relatives are more distant than cousins, then your estate will pass to the government. Why should you make a WILL? You should make a Will so you can express your intention as to how your estate is to be distributed after your death and to provide adequately for all relevant family members especially in blended families. You can also document your burial wishes, donations to charity organisations and even care of your pets. Making a Will also avoids cost, delay and difficulty for your family in administering your estate and reduces the potential for dispute. Can you make your own WILL? A Will is an important LEGAL document. It is therefore advisable to have your Will drafted by a legally qualified professional to ensure your wishes are properly recorded and carried out. There are strict requirements to ensure that a Will is valid. A professional will ask you all the right questions to make sure that you have considered every possibility and your Will is still the best instrument for you and your family. Contact us to discuss your particular situation and your familys needs. Mention this post for a 10% discount on our professional cost for a simple Will.

18.01.2022 We have experience and expertise in a range of other areas in addition to property and family law. Some such areas are corporate, commercial, franchising, debt recovery and civil litigation. Do not hesitate to contact us if you have any questions. We look forward to assisting you with OUR matter.

16.01.2022 http://www.legalanswers.sl.nsw.gov.au//ove/prevalence.html

15.01.2022 Great news and more savings for first home buyers entering into a contract for sale of land in NSW after 1 July 2017!

11.01.2022 Www.prasadlegalsolutions.com.au

11.01.2022 Are you planning to buy a property OFF THE PLAN? An off the plan contract is a contract for the sale of a lot that does not have a separate title at the time the contract is entered into. Off the plan contracts are used by developers to pre sell vacant land lots or strata units before the necessary building and contract works have been finalised. A sunset clause is a provision in an off the plan contract that provides for a contract to be rescinded if the lot is not created... by the sunset date. Sunset clauses in the past have been a great concern to buyers where some developers have used them as a way of terminating an off the plan contract specifically for financial gain. On 17 November 2015, the NSW Government passed new laws to insert a new Division 10 in the Conveyancing Act 1919 which aims to provide further protections for buyers in off the plan property contracts and aims to prevent developers from unreasonably rescinding off the plan contracts for residential properties under a sunset clause. We have assisted many buyers in purchasing their off the plan properties successfully. Contact us to see how we can assist you too!

09.01.2022 Are you selling or buying a real estate in Australia for $750,000 or more? New capital gains tax rules are in effect as of this month and if you are buying or selling real estate in Australia for $750,000 or more, it is important to be aware of the new Capital Gains Tax Withholding rules and how it affects you. From 1 July 2017, the seller must provide to the purchaser, prior to settlement, a clearance certificate obtained from the ATO. ... Without the certificate, the purchaser is required to withhold 12.5% of the price and pass it on to the ATO. This would mean that the seller would need to wait until they lodge their income tax return before they can recover the withheld amount. The laws were introduced to tackle the problem of foreign residents selling real estate and avoiding their capital gains tax liabilities. In practice, however, it means that a large number of regular real estate transactions not involving foreign residents are also impacted. The changes apply to real property disposals where the contract price is $750,000 and above (previously $2 million) and the FRCGW (foreign resident capital gains withholding) tax rate will be 12.5% (previously 10%). The ATO recommends applying for a clearance certificate at least 14 days before you actually need it. We can assist you with all the legal requirements should you wish to have your contract for sale prepared or reviewed.

08.01.2022 As we proudly celebrate our 5th anniversary, we extend our sincere gratitude to you all for supporting us in the past years and we look forward to assisting you in your legal matters in future. Stay safe!

07.01.2022 Are you going through a separation or divorce? On 1 September 2016, ASIC's MoneySmart website launched a divorce and separation financial checklist to assist those going through one of their most difficult and stressful times of life. If you need legal advice in dealing with your family matters, our compassionate and friendly family law lawyer can help, support and guide you through the process. ... https://www.moneysmart.gov.au//life/divorce-and-separation

07.01.2022 Federal Budget Report 2016.

07.01.2022 Is now a good time to buy property? More than half of Australians think so!

06.01.2022 http://www.wolterskluwercentral.com.au//family-law-change/

06.01.2022 Wishing all our clients, families and friends a very happy and safe Diwali.

04.01.2022 http://www.cbp.com.au//purchasers-may-have-obligation-to-w

03.01.2022 BE KIND TO YOUR MIND As we continue to work our way through the COVID-19 pandemic, there has been considerable discussion in the media about the impact the virus is having on our mental health.

02.01.2022 NSW government announces more stamp duty relief for first home buyers of newly built homes and vacant land from 1 August 2020.

02.01.2022 Landmark High Court ruling re pre-nuptial agreements in Australia.

01.01.2022 After 14 years of legal practice and months of hard work and dedication, Rita Prasad is very humbled to announce the launch of her law firm - Prasad Legal Solutions! We provide legal services in Conveyancing, Commercial & Retail Leasing, Family Law and Wills. Visit our website and contact us to find out how we can assist you. You can also take advantage of our friends and family rewards program, just like our Facebook page and share it with them. Many thanks for your support.

01.01.2022 http://www.desi.com.au//off-the-plan-purchasers-sunset-cl/