Our Services
Lani Law provides the following services:
Buying and Selling
Whether you are a first home buyer, subsequent buyer or a seasoned property investor I will guide you through the process step by step. I will ensure you understand the process and will discuss all relevant and related matters, for example asset protection and the best ownership structure for you.
Enduring Powers of Attorney
If you can no longer manage your personal or property affairs because of old age, accident or illness, I can save you and your family unnecessary stress and financial hardship by putting the right structures in place for you now. Getting it right NOW, will avoid unnecessary and expensive court proceedings in the future.
Last Will and Testament
Do you have a Will?
See my article by clicking this link. Let me draft your Will properly to ensure that your assets go to the people you want them to go to – your family and friends will be devastated enough without the additional trauma of trying to sort out all your affairs in the absence of any directions from yourself.
Contracting Out Agreements
Starting a new relationship? Moving in together? If you have assets you prefer to keep separate, contact me NOW – it is best to get one as early as possible if you think you will need it. This could avoid awkward conversations or potentially expensive proceedings later down the track.
The Property Relationships Act allows couples to “opt out” of the rules; these rules detail how the Family Court might divide up your shared relationship property. If you do not have a Contracting Out Agreement, your own separate assets and your partner’s own separate assets will lose its individual status and it will all form part of the “relationship property”. Please note that your agreement will not work (it will not be legally binding) if you do it yourself! You will need an agreement in writing that is certified and signed by both parties as well as by your independent lawyers following independent advice on the agreement terms. Usually couples will get a contracting out agreement when they are newly in a relationship, thinking about getting into a relationship or before marriage or living together.
Property Sharing Agreement
A Property Sharing Agreement (PSA) is a contract between two or more owners (co-owners) of a property. This can be, for example, parents and adult children who are purchasing a property for them all to live in and where everyone will contribute to the purchase price; a group of friends who are pooling their money to purchase a property to live in together; property inherited by siblings from their parent’s estates; two families who are wanting to purchase a holiday home to be used by both families from time to time, etc.
It is a document intended to cover both the parties’ existing arrangements regarding the property and to provide for what may happen in the future with the property.
A PSA can be flexible and drafted to suit the particular circumstances of the parties and may include, for example, the legal ownership of the property (which may differ from what is registered on the land title); how ongoing ownership costs of the property are to be paid such as rates, mortgage and insurance; the person/s who are going to occupy the property; how the services costs of the property are going to be paid such as water, telephone, power, internet and other service costs; how routine and one off repairs and maintenance costs for the property are to be dealt with and paid for; the process for resolving disputes between the property owners; the process for owners to sell the property or buy each other out of their shares in the property, etc.