Retirement Village Contracts: An Overview
Overview
The importance of understanding Retirement Village Laws and advising clients in relation to retirement village contracts.
Retirement Village living has become a very popular mode of accommodation for older Australians due to the attractive community lifestyle and the rising property market (particularly in Sydney). However, unlike purchasing a property outright, the purchase of an interest in a Retirement Village is complex and requires careful consideration and advice.
This practical & informative session will provide an overview of the following topics:
- An overview of Retirement Village Law in NSW (including the recent amendments to the Retirement Villages Act 1999 (NSW))
- The different types of Tenure in respect of a Retirement Village Contract
- Fees and Charges
- Exiting a Retirement Village;
- Estate planning considerations; and
- Other Issues to consider
Learning Outcomes:
To understand the legal framework relating to retirement village law, the different types of tenure, the fees and charges that relate and how they are calculated, terminating a Contract, estate planning and other considerations when advising clients.
Suited to:
- NSW based presentation
- Lawyers
- Possibly also financial planners and accountants
This On Demand includes:
- a recording of the webinar Event which can be viewed multiple times
- a PDF of the presenter’s PowerPoint
- a verbatim Transcript
- any supporting documentation
- a CPD Certificate after successful completion of the Knowledge Quiz
Course syllabus
3 lessons
- Video – Retirement Village Contracts: An OverviewVideo
- FeedbackSurvey
- Knowledge TestTest
Your presenter
Adeline SchiralliKeypoint Law
, Consulting Principal/Accredited Specialist (Wills & Estates)
Adeline is an accomplished estate planning and elder law solicitor with extensive experience developing comprehensive and practical estate plans that suit the individual circumstances of her clients. Adeline is a Consulting Principal at Keypoint Law and holds a Masters of Law (Applied Law) in which she majored in Wills and Estates. She is a member of the NSW Law Society’s Elder Law, Capacity & Succession Committee and was also listed in the Doyle’s Guide 2021 & 2021 as a “Recommended Solicitor” in the category of Wills, Estates and Succession Planning. Adeline is also a NSW Law Society Accredited Specialist in Wills and Estates. Adeline is a committee member of the NSW Law Society’s Elder Law, Capacity & Succession Committee and the current Chair of the NSW Law Society’s Wills & Estates Accredited Specialist Advisory Committee.
Adeline is adept at advising clients on matters including the implementation of wills (particularly sophisticated testamentary trust wills), powers of attorney and enduring guardianships, superannuation death benefit nominations and properly gifting the control of entities (including private companies and/or trusts) to the appropriate person(s) in the event of death and/or incapacity. Adeline can also assist clients in relation to the administration of a deceased persons’ estate and regularly advises clients in relation to retirement village contracts and aged care agreements.
Adeline is passionate about obtaining peace of mind for her clients in relation to their estate planning and elder law needs, and regularly presents seminars to other solicitors, professionals and to members of the public in the area of wills, estates and elder law. Her approach is underpinned by her commitment to achieving peace of mind for her clients in relation to their wills, estate planning and elder law needs. She has a “no-nonsense” style to advising clients in all aspects of wills, estates and elder law and her attention to detail is exemplary. Adeline takes a holistic approach to estate planning and works closely with her client’s other advisors (accountants, financial planners, business advisors etc.) to best achieve her client’s objectives.