by ADLV Law Team | Business philosophy, Entrepreneurs
If you had sat me down 5-10 years ago and asked me the top 5 things I would like to change about the taxi industry, within about 20 minutes of brainstorming I would have nailed all 5 of the ‘innovations’ that Uber has implemented. It’s all the rage to bag Uber right now, and that is not my point. I am bagging the people who think that Uber was innovative, or disruptive. Uber, as a business model, was simply to break the law en masse. Plain and simple.
by ADLV Law Team | 6 - 287, 6 - Build and protect your wealth (including trusts), 8 - 264, 8 - 267, 8 - Pass on your wealth (including EP)
We have said several times that super is not part of your estate – so you may be wondering why on earth superannuation is featuring as part of our EP FAQ series. There’s only one thing to do if you’re curious – read on! Why do I need to think...
by ADLV Law Team | 9 - 221, 9 - 305, 9 - 306, 9 - 364, 9 - 65, 9 - Deal with a deceased estate (Administration)
There are a couple of things guaranteed in life, and death is unfortunately one of them. In Part 5 of our EP FAQ series, we explore what the legal afterlife looks like – otherwise known as ‘estate administration’. Can I get a copy of someone’s Will?...
by ADLV Law Team | 8 - 265, 8 - Pass on your wealth (including EP)
Now that we have addressed estate planning basics and Wills in the earlier parts of our EP FAQ series, what about addressing decision-making when you no longer have the ‘capacity’ to make decisions for yourself? Read on to learn more about critical and...
by ADLV Law Team | 8 - 264, 8 - 266, 8 - Pass on your wealth (including EP)
In Part 3 of our EP FAQ series, we explore some common questions we get asked about Wills and estate challenges. If this is something you have been wondering about, read on! When can a Will be challenged? A Will can be challenged when there are doubts about its...
by ADLV Law Team | 8 - 264, 8 - Pass on your wealth (including EP)
In Part 2 of our EP FAQ series, we address some frequently asked questions we get asked about the best-known estate planning documents of them all – Wills! What is a Will? Your Will is a legal document with instructions for who you want to inherit your estate,...
by ADLV Law Team | 8 - 264, 8 - 265, 8 - 267, 8 - 339, 8 - Pass on your wealth (including EP)
Welcome to our EP FAQ series, where we’ve gathered up some of our most frequently asked questions (and answers!) about estate planning. This series is perfect for anybody thinking about completing their estate planning documents for the first time or individuals...
by ADLV Law Team | 6 - 351, 6 - Build and protect your wealth (including trusts)
There are many reasons people entering a long term relationship may wish to agree beforehand about what happens to their wealth in the event the relationship doesn’t last. If, you entered into a prenuptial agreement with your partner in a jurisdiction outside of...
by ADLV Law Team | 8 - 61, 8 - Pass on your wealth (including EP)
More than ever, young people are relying on the ‘bank of Mum and Dad’ to get a leg-up. Whether it’s to break into the property market or utilise some initial capital to get their new business off the ground, we are seeing more and more of our clients give (and receive!) loans from their parents.
A question we get asked often by the ‘lender’ in this scenario is whether it is possible for a loan to be advanced without the lender receiving periodic interest repayments, and instead get a share of the ‘upside’ (gain) when the financed asset is sold.
by ADLV Law Team | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), 8 - 264, 8 - Pass on your wealth (including EP), Solution Brief
The trustee of your SMSF is all-powerful. The trustee decides how much money you can put in the fund, who else can join, how your money is invested, how much gets paid out to you and when, and finally who gets what’s left over when you die. This is why you are...