Families

By Andrew O’Donnell, Director – Edney Ryan Legal In the era of longer life expectancy, marriage, divorce, de-facto relationships and blended families, it is important to be aware of the law around family provisions from estates, both for Willmakers and potential applicants. A Family Provision claim is a legal application by an eligible person for a share (or larger share) of... Read more

As house prices rise across Australia, more and more clients seek advice on ways they can help their children enter the property market. In fact, reports suggest up to 80 percent of parents are prepared to provide some sort of financial support. But What is the Best Way to Help? There are several ways parents can give their children a... Read more

By Kate O’Brien, Director – Edney Ryan Wealth Management Australian dwelling values slipped 0.1 per cent lower in May, according to the latest CoreLogic housing market update. The fall marked the eighth consecutive month-on-month fall and took the annual change (-0.4%) into decline for the first time since October 2012. CoreLogic Head of Research, Tim Lawless, said the biggest declines... Read more

                  Buying property, for many of us, is the biggest financial decision we will make  – one influenced by both emotional and rational factors. Here is a simple checklist of recommended steps to take before making an offer or bidding at auction. Obtain finance pre-approval (read more below) Research the area (we... Read more

Edney Ryan Group is proud to be a Bronze Sponsor of the Balmoral Swim for Cancer, a family-friendly open water, charity event raising funds for the Children’s Cancer Institute. It is a unique event as it is one of the few swims held within the safety and beauty of Sydney Harbour. A great event for all comers. The swim is... Read more

I am delighted to announce that Kate O’Brien has been named Hillross Adviser of the Year for 2017. This national award recognises the adviser who has demonstrated the highest  level of professionalism and excellence through client service, advice delivery and implementation. Importantly, client advocacy, undertaken by the Beddoes Institute’s Client Experience Survey was an important part of the judging process, and we thank our... Read more

A legally binding Will must be written on paper and signed by the testator in the presence of two witnesses. These requirements are designed to prevent fraud, undue influence, substitution or mistake, given that the person who creates the document is not available to be questioned when the Will is being executed. However, there are some exceptions, and Courts can... Read more

  By Tricia Williams, Manager – Edney Ryan Mortgage & Finance Renovating your home or investment property can be a wonderful way to make it more appealing to buyers and increase its overall value. However, there’s a fine line between spending money to make your property more appealing and overcapitalising on your renovations. In this article, we look at overcapitalising.... Read more

Each year we compile current tax rates and key superannuation data in our handy quick reference guide. You can request a hard copy by phoning (02) 9908 9888, email marketing@edneyryan.com.au or view the booklet online here.

This existing withholding tax assists the collection of foreign residents’ Australian tax liabilities. Where a foreign resident sells certain taxable Australian property, the purchaser is required to withhold an amount from the purchase price and pay that amount to the ATO (see our previous article on this topic). Australian residents selling real property will need to obtain a clearance certificate from... Read more