Whether you bought your pet with your partner or owned it before the relationship began, it’s difficult to agree to whom the pet should belong if your de facto relationship or marriage ends.
If the expiry of registration of your ‘security interest’ on the Personal Property Security Register is coming up soon, you need to act quickly. We guarantee you won’t remember to deal with this when in the days leading up to the expiry date.
Let’s get some perspective on this issue. What are the potential ‘tax benefits’ of including a testamentary trust in your Will? Further, what would happen if these ‘benefits’ were not available?
In summary, a PAF can acquire an asset from the founder (or associate). However, the transaction must be consistent with the PAF’s Investment Strategy and entered into (and maintained) on an arm’s length commercial basis.
Unfortunately, in the course of your employment, things won’t always go your way. Although you might have worked incredibly hard throughout your career to reach an executive position, sometimes a business will undergo organisational changes which mean that they offer you a redundancy. You may feel hard done by in these circumstances, but it is important to understand your entitlements, and the limitations of your circumstances.
In our experience, most people in a genuine negotiation will easily find common ground if they remain engaged in a process of communication and discovery. The phrases ‘industry standard’ (aka ‘I will not rationally justify this position’) and ‘non-negotiable’ (aka ‘that’s the end of the conversation on this issue’), represent the amateur approach.
No one likes to think about getting sick or injured, but it’s important to be prepared for the unexpected. That’s why having a legally valid Advance Care Directive (ACD) in place is a smart move.
When someone dies there are things that must be done immediately and things that may take 12 or more months to action and resolve. Who does these ‘things’ and what are they? In many cases it is the executor of the deceased’s Will who must act. Usually, the executor is a family member or members, a friend, a professional or a combination of the above. The Will maker has chosen you because you have the skills and experience to occupy that role, have a vested interest in administering the estate or you are a trusted relative or friend.
VAD is a pathway that adults can access if they have an incurable, advanced, progressive and terminal illness, disease or medical condition.