Owen Hodge Lawyers News

      

Owen Hodge Best Years - April 2010

I made a Will many years ago and now I can only find a copy, I can’t find the original. You have a problem that you should rectify as soon as possible. You should inquire at your bank to find out if it has been stored there in a safe custody packet. You should also inquire at your last solicitor’s office to see if it has been stored there. If your last solicitor is no longer practising you can make an inquiry to the Law Society of New South Wales to find out who has the records of your last solicitor. There is a presumption in law that if an original Will cannot be found at the time of a person’s death, that it has been revoked by destruction. This presumption may be re- versed if there is evidence to the contrary.

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Owen Hodge Newsletter

Welcome to this edition of the Owen Hodge Newsletter. Australia continues to experience turbulent financial markets and inflation is a global challenge. These issues are exacerbated by record fuel prices. The good news is that few people appear to be losing their jobs. Indeed recruitment remains a major challenge for most business owners. In this edition we are offering a complete security package to home buyers. We have created a solution to high fees by bringing the whole legal and financial process for a home purchase under one roof.

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                          Business Bulletin - July 2009

Whether the present is prosperous or not there doesn’t seem to be reason to focus on the last stages, but as your business grows and becomes more successful, so does the importance of having a Will. If you have not identified what you want done with your business and your personal affairs, you’re not only risking business value but you’re setting up potential problems for the remaining family and other business stakeholders. Without a current and valid will, people pass away intestate. There is currently a complex system of laws that apply to situations of intestacy. A system that is about to be made even more technical in the wake of new reforms with the introduction and passing of the Succession Amendment (Intestacy) Bill 2009.

 

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                        Owen Hodge Best Years - October 2009

 Which method: Auction or private treaty?

Sellers, understanding which method of marketing can make all the difference in the sale of your home and the final outcome of the price. It must be said that there are great advantages and disadvantages to each method of marketing and each home should be looked at on its own merits. Private treaty simply means you set an asking price, market the house accordingly, and negotiate a price that both the seller and buyer are willing to accept. With auction, you set a reserve price, the minimum you are willing to accept, and buyers bid against one another at a set time and place. Once the bidding exceeds your reserve you know you have an unconditional sale with a full deposit paid and exchange of contracts taking place on the day. Your agent will advise the best time of day and whether the auction should take place on or off-site.

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