by ADLV Law Team | 8 - Pass on your wealth (including EP), 9 - Deal with a deceased estate (Administration), Uncategorized
Digital assets such as cryptocurrency and online accounts are easily lost after death without planning. Here’s what families and family businesses need to know about probate in the digital age.
by ADLV Law Team | 15 - Manage an insolvency issue, 2 - Run and manage your business (general commercial), 5- Get your finances in order (loans, leases and security)
It is not unusual for companies, particularly newer, capital-constrained ones, to accept loans from, or make repayments to directors (or their associates). This might be for working capital, bridging shortfalls, or to enable new business initiatives. However,...
by ADLV Law Team | 8 - Pass on your wealth (including EP), 9 - Deal with a deceased estate (Administration)
Appointing two executors might sound like a sensible way to share responsibility, indeed, it is something we often recommend, but what if those executors can’t agree, or worse, one refuses to act? The Supreme Court of New South Wales case Wise v Barry; The Estate of...
by ADLV Law Team | 6 - Build and protect your wealth (including trusts), Uncategorized
If you are creating a testamentary or discretionary trust, you want to know it will operate smoothly long after you are gone. But what happens if the trustee you appoint loses the capacity to make decisions? Without the right safeguards, the trust you designed to...
by ADLV Law Team | 2 - Run and manage your business (general commercial), 6 - Build and protect your wealth (including trusts), Uncategorized
Two strategic tools, the ‘bucket company’ and the ‘banker company’. Both strategies offer high-net-worth families a way to cap tax exposure, preserve capital, and support long-term intergenerational planning.
by ADLV Law Team | 9 - Deal with a deceased estate (Administration)
Probate can take months, sometimes years, to complete. Here’s why delays happen and how families and family businesses can prepare.
by ADLV Law Team | 6 - Build and protect your wealth (including trusts), Uncategorized
Family trusts are one of the most common structures used by Australian families to hold investments, run businesses, and protect wealth. They are flexible, tax-effective, and – when managed carefully – provide a mechanism for long-term succession...
by ADLV Law Team | 8 - Pass on your wealth (including EP)
When a parent dies and leaves everything to their spouse, many children choose not to contest the Will. Out of respect for their parent’s wishes, the grief involved, and the complexities of family life, they allow their step-parent to inherit everything. But years...
by ADLV Law Team | 2 - Run and manage your business (general commercial)
In Australian farming communities, family means everything. It’s not unusual to see surnames etched into gates, signposts, and silos, each a tribute to generations of hard work. But behind the name on the gate, the way a business is legally structured can make...
by ADLV Law Team | 9 - Deal with a deceased estate (Administration)
You may be acting as the executor of a deceased estate or are otherwise involved as a beneficiary. Amongst the assets of the estate is real property and someone has told you: “Now’s the perfect time to sell!” But there’s a problem. Probate hasn’t been granted yet, and you’re not sure what you can and can’t do.
