Retirement villages are a popular choice for living. However, the contracts for buying into a retirement village dwelling are complex and often include numerous conditions and special clauses.
Before making a decision to purchase it is important you get the right advice. Our expert property lawyers and retirement planning attorneys can provide you with a clear and unambiguous ‘plain language’ explanation of any contract and the conditions it contains. That means you will fully understand all your rights and obligations before signing, so that you know exactly what you are buying into.
We can assist with every step including drafting & reviewing contracts, negotiating terms & conditions, managing the settlement process, and working with you on your estate planning.
Coleman Greig Lawyers can also assist aged care property developers at all stages of a project including building and development applications, through to drafting of contracts and more.
Coleman Greig are available to service your needs no matter where you are located in NSW. Our network of offices are supported by the latest digital technology, enabling us to work with you in a way that suits you best.
Retirement village contracts can be complex, cumbersome, and filled with legal jargon. These contracts often cover:
A retirement village lawyer can simplify these complexities, explain the implications of each clause in plain terms, and negotiate on your behalf to secure the best possible terms.
We can also help you compare different retirement village options and make a well-informed decision that aligns with your needs and desired lifestyle.
Remember that retirement planning goes beyond choosing a lovely place to hang your hat and relax. It’s about ensuring that you are financially secure for years to come. A retirement planning lawyer at Coleman Greig can help you:
You can learn more about protecting your assets on our Conveyancing Services page.
We will assist with drafting, reviewing, and negotiating contracts for:
We provide integrated advice on:
This ensures your retirement planning is aligned with your broader financial goals and estate planning objectives.
We offer legal support to retirement village developers, including:
You can learn more about securing your legacy on our Estate Planning Services page.
Our people are seasoned professionals with extensive experience in all aspects of retirement law. We providing clear, practical advice and strong representation to help you achieve your retirement goals.
Whether you’re an individual planning your retirement or a developer seeking legal guidance, we provide personalised services that can be tailored to your specific needs and circumstances.
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Coleman Greig Lawyers is proud to announce that Andrew Banna, Principal Lawyer, and Nicole Stevens, Senior Associate, have recently been recognised as Accredited Family Law Mediators.
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This seminar was hosted by Coleman Greig Special Counsel and commercial law and insolvency expert, Tim McGrath where he discussed parameters around how to manage
Moving into a retirement village is a big milestone in life. Before rushing in, consider the following factors:
Moving into a retirement village is a big milestone in life. Before rushing in, consider the following factors:
Especially in retirement, money is something you need to think about. A retirement planning lawyer can help you:
Retirement village contracts can be lengthy and complex. Some common red flags include unclear or excessive fees, restrictive rules about selling your unit, limited options for dispute resolution, and vague terms about your rights and responsibilities.
A retirement village contract lawyer can review the contract, explain the terms in plain language, and help you negotiate fairer conditions.
Superannuation is, of course, an important component of retirement planning. One of our retirement planning attorneys can advise you accordingly on the best strategies for accessing and managing your superannuation, considering factors like tax implications, government regulations, and your overall financial goals.
They can also help you integrate your superannuation into your broader estate plan, thus ensuring your assets are distributed according to your wishes.
It’s always wise to plan for the possibility of needing aged care in the future. An Enduring Power of Attorney allows you to appoint a trusted person to manage your financial affairs if you become unable to do so. This ensures your bills are paid, your assets are protected, and decisions are made in your best interests.
It’s also important to have an Advance Care Directive, which outlines your preferences for medical treatment and care.
A retirement planning lawyer can help you get everything prepared so you can enjoy your retirement in the knowledge that all your affairs are well and truly in order.
Leave all the red tape to us. Contact us today so schedule your consultation and one of our retirement village contract lawyers will offer clear, professional legal advice tailored to your needs.
For further information, check out our Plain English Guide to Seniors Living.
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