Succession issues, equitable trusts, security of tenure, reduced pension entitlements and liability for capital gains tax – these are some of the threads of the…
Major reforms to residential aged care commenced on 1 July 2014 under the Aged Care (Living Longer Living Better) Act 2013 (Cth) (No.76 of 2013), and associated…
Short answer The type of residence right you obtain for your dwelling in a retirement village in New South Wales is important in terms of…
THE ISSUES In a recent decision of the Consumer Trader and Tenancy Tribunal (CTTT) some interesting contentions were raised that may apply to many villages…
WHEN do you ‘permanently vacate’ your dwelling in a retirement village and WHY does it matter? WHEN? You ‘permanently vacate’ your dwelling either when you, …
SHORT ANSWER The Consumer Trader and Tenancy Tribunal (Tribunal) has recently clarified the answer to this question. The short answer is: subject to two exceptions,…
SHOULD YOU SELL OR RENT YOUR HOME? If you are moving into an aged care facility on a permanent basis and own your current residence,…
SHORT ANSWER You are entitled to a refund shortly after a new resident moves into your dwelling. In some cases, this is due 6 months…