ByLawyers News and Updates

Wills – Special disability trusts

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A special disability trust can be established to specifically provide for the care and accommodation of a family member with a severe disability. If compliant with the statutory requirements it will allow the disabled beneficiary of the trust to retain their full pension entitlement. There are also generous concessions for contributions to a compliant special disability trust.

Along with the recent addition of special disability trusts to By Lawyers Companies, Trusts and Partnerships guide, our Wills guide now also includes detailed commentary and precedents covering special disability trusts.

A special disability trust can either be established in the will, or a direction can be given in the will for the executor to establish a special disability trust from the estate as required. Which option is chosen will depend on the client’s wishes and family circumstances. The Library of discretionary trust and special disability trust clauses in the By Lawyers Wills matter plan contains appropriate clauses for insertion in the will.

It also includes the By Lawyers Special Disability Trust Deed, which fully complies with the legislative requirements.

The new commentary covers everything a practitioner needs to know about establishing a special disability trust for their clients, including:

  • beneficiary eligibility requirements;
  • contribution and concession guidelines;
  • the permitted use of special disability trust funds; and
  • three ways the testator can provide for a disabled beneficiary via a special disability trust:
    • establish the trust inter vivos by deed and provide in the will for a bequest to the trust;
    • establish the special disability trust in the will; or
    • direct the executor of the will to establish the special disability trust, either with or without separate testamentary discretionary trusts.

 

Joint venture agreements – Property development projects

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There are many different property development projects for which a joint venture structure may be suitable. Some common examples include:

  • A project where a property owner and builder agree to build a duplex on the basis that the builder and the owner each receive a unit by partition on completion;
  • Joint property owners who develop the property using a third party builder;
  • A developer and a property owner who develop a property by engaging a third party builder.

To help you structure these projects, By Lawyers have added a new precedent: Joint Venture Agreement – Townhouses development project.

This document is located in our Joint Ventures Guide and may be used in any of the situations listed above.

Our Joint Ventures commentary has also been updated to discuss use of the new agreement and the accompanying documentation necessary.

The By Lawyers Joint Ventures Guide ensures that practitioners can feel confident drafting agreements that capture the full complexity of their clients’ property development projects.

Electronic conveyancing – Are you ready?

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As the timeline towards mandatory electronic conveyancing marches on, By Lawyers continues to make changes to our matter plans and precedents to make sure that you are ready and that completing your matters electronically is as easy as possible.

Our matter plans have been split after ‘Mid transaction’ into ‘Paper transaction – Through to settlement’ and ‘Electronic transaction – Through to settlement’.

Precedent letters have been updated and where necessary new precedents included to cover electronic transactions.

By Lawyers helps you make a seamless transition to the new regime.

Security of Payments NSW – commentary enhancement

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The Security of Payments (NSW) commentary has been updated and enhanced. Some of the noteworthy and helpful additions include:

  • Overview: This area of law is still developing, with considerable impact on the way industry participants run their businesses. Many of the reported decisions from NSW courts are directly relevant to Queensland, Victoria, Western Australia and the Northern Territory. South Australia is now set to join the other states in introducing a legislative regime, with the South Australian parliament currently considering security of payment legislation.
  • Residential building work: It is important to note that, subject to some important exceptions, the Act does not apply to a construction contract for residential building work involving an owner builder: see the definition of “dwelling” in clause 3 of Schedule 1 of the Home Building Act 1999.
  • Preparing a payment claim: Principals must pay amounts due under a construction contract on or before the 15th business day after the payment claim is made. Principals, head contractors and subcontractors, as respondents, must now remain vigilant for any payment claim falling within the terms of the Act – the warning words no longer need be added to the claim and, as such, claims will more readily qualify as payment claims, bringing potentially serious consequences.
  • Service of payment claim:  Claimants should keep a record of the time, date and manner of service on the respondent. The time for the respondent to provide the payment schedule runs from the date of receipt of the payment claim. Claimants should keep a record of the time, date and manner of service on the respondent. The time for the respondent to provide the payment schedule runs from the date of receipt of the payment claim. The claimant must be able to evidence the date of service of the payment claim.
  • Adjudication: The Supreme Court in Probuild Constructions (Aust) Pty Ltd v Shade Systems Pty Ltd [2016] NSWSC 770 potentially expanded the grounds available to challenge adjudication determinations to include non-jurisdictional errors of law on the face of the record. However  the High Court in Probuild Constructions (Aust) Pty Ltd v Shade Systems Pty Ltd [2018] HCA 4 (14 February 2018) has now held that the Security of Payments Act ousted the jurisdiction of the Supreme Court to make an order in the nature of certiorari quashing an adjudicator’s determination for non-jurisdictional error of law on the face of the record. Although the Security of Payment Act did not contain an express statement providing that the jurisdiction was ousted, the scheme of the Act disclosed an intention that such review would not be available having regard to the fact that the Act creates an interim entitlement that is determined informally, summarily and quickly, and then summarily enforced without prejudice to parties’ common law rights.

Get on tip of this critical and developing area of law, relevant to clients who conduct businesses in various industries.

By Lawyers Security of Payments guide is a separate publication on our website, or for LEAP users is located in Other Areas of Law – Building and construction disputes.

Companies, Trusts and Partnerships – Special disability trusts

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By Lawyers has expanded our comprehensive Companies, Trusts and Partnerships guide to include commentary and precedents covering special disability trusts.

A special disability trust can be established to provide for the care and accommodation of a disabled family member and if compliant will allow the disabled beneficiary of the trust to retain their full entitlement to a Centrelink pension. There are also generous concessions for contributions to a compliant special disability trust.

The commentary covers everything a practitioner needs to know about establishing a special disability trust for their clients, including:

  • beneficiary eligibility requirements;
  • contribution and concession guidelines; and
  • the permitted use of special disability trust funds.

The By Lawyers Special Disability Trust Deed is provided and includes all of the mandatory clauses from the model trust deed for special disability trusts published by the Department of Social Services, as required to comply with the Social Security Act 1991 and the Social Security (Special Disability Trust) Guidelines 2011.

 

Criminal Guides – Calculating penalty units

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Helpful new commentary on calculating penalty units has been added to the By Lawyers Criminal Guides in NSW, VIC, QLD and WA, and also to our Practice Management Guide.

Information is provided about what a penalty unit is and how to calculate the monetary penalty for various breaches of laws. There is a useful summary of the current value of a penalty unit in each state and territory, as well as the Commonwealth. The By Lawyers team will ensure that these values are updated when required, across the jurisdictions.

 

Wills – Additional clause – direction to executor regarding disposal of body

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All By Lawyers wills precedents have been updated to include a clause that directs the executor on the testator’s wishes for their remains. This clause is automated  for LEAP users.

Where the instructions are more detailed, the Burial, Cremation, Medical Research Provisions clauses from the Library of Clauses, Deeds, Contracts and Codicils are also available.

Our Retainer Instructions already include a section for burial, cremation and medical research, so that the testator’s wishes can be discussed and recorded.

Practice Management — Enhanced reference material — 101 Policy and Procedures

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Our reference guide — 101 Policy and Procedures has been enhanced.

This guide forms part of our Practice Management publication and provides a ready reference for all team members in a law firm about all aspects of the practice. A few excerpts:

Client service and communication standards

The firm strives to deliver the highest level of service and value to its clients. This means that team members are expected to be well mannered, engaged and responsive to phone calls, emails and other correspondence….

Cost disclosure and billing practices

In all matters, use the Retainer Instructions provided in the matter plan under Getting the Matter Underway and disclose costs in writing. Costs disclosure must be by way of a formal Costs Agreement where costs are likely to exceed $3000, or otherwise disclosed in the initial correspondence, as done for example in the precedent letters in the matter plan for conveyancing matters….

Supervision of practice and staff

The system adopted by the practice, if followed, will ensure that the practice is run efficiently and safely to the satisfaction of all participants. This simply involves adherence to all policies and procedures. …

Other topics covered include Asset register, Closing files, Email policy, Petty cash, Sexual harassment and Trust accounting.

Practice Management — New reference material — 101 Trusted and useful sites by area of law

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Here at By Lawyers we spend a lot of time researching and fact-checking, in all of the areas of law that our publications cover. Over time we have compiled a list of credible and helpful websites which we regularly use – and that list is now available to you, with the publication of our new reference tool — 101 Trusted and useful sites by area of law.

This handy resource brings together in one place hyperlinks to some of the most trusted and useful websites you might need, organised according to areas of law.

The new reference tool is located as a separate guide in the By Lawyers Practice Management publication.

By way of example, these are the Federal websites we have included for the Business & Franchise area of law:

FEDERAL

Business & Franchise
GST and Taxes – Australian Taxation Office (ATO)
Franchises

There are also sites under that subject heading for each state. There are subject headings for all of the areas of law covered by our publications.

As with all of our publications this resource will be regularly updated.

This ready reference tool is a convenient starting place for everyone in the firm seeking trusted information to assist clients in any area of on any practice.

VIC – Magistrates’ Court Civil – New commentary on Substituted service

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Some practical commentary on substituted service has been added to the By Lawyers Acting for the Plaintiff – Magistrates’ Court Guide.

To accompany this new commentary, we have also added the following precedents to the Acting for the Plaintiff matter plan:

  • Example content – Summons – Substituted Service;
  • Example content – Affidavit by solicitor in support of an application for substituted service.

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