Estate planning for sole directors of private companies
If you are the sole shareholder and director of a private company, have you thought about what will happen to your business if you lose capacity or die? Failure to plan for this eventuality can affect the financial viability of your assets and leave your family vulnerable – so it is something you need to turn your mind to. Fortunately, there are several solutions that are easy to implement and lots of advice about these issues is available.
Lost or destroyed Trust Deeds
Have you lost your trust deed? In this article we explain what you can do about it.
Are there ever ‘good’ reasons to hide assets?
Why would someone want to hide their assets? If you are an oligarch, the answer is obvious – you don’t want a hostile foreign government freezing your bank account or seizing your super yacht or villa on Lake Como. If you are an ordinary person, you may merely want...
Nick Stevens
Wouldn’t it be nice to have someone on your speed dial that can quickly tell you if you really have something to worry about or not? For most people daily life can throw up legal questions but if you are in business or involved with a business as an employer,...
What do I need to do to ensure my Private Ancillary Fund remains compliant?
Have you set up a Private Ancillary Fund (PAF) lately? Or are you thinking of setting up a PAF for charitable purposes, potentially endorsing it as a Deductible Gift Recipient? We know you did this (or want to do this) to jump start private philanthropic charitable donations. But now comes the tricky part: the rules, regulations, and ongoing obligations surrounding your PAF’s operation.
Will Makers and the Bankrupt Beneficiary
The protest rallies around every major city in the last two years suggests many people are struggling financially, so what can you do if you have a bankrupt beneficiary?
Netflix recommendations, book reviews and 5 legal issues to look out for in 2022…
As the ‘interesting times’ continue into 2022, what are some of the legal challenges you may be facing this year? Estate Planning always tops the list. Making sure you have in place up to date documents that appoint guardians for your minor children and ensure the...Our Menu of Services
We are a full-service commercial law firm with offices in Sydney, Adelaide and Melbourne. We can assist you with: Business and Investment Structures Setting up business structures, including Partnerships, Companies and Trusts Setting up investment structures,...
Short memories on wages growth and the wages/super trade-off
If the government wishes to mandate a 0.5% wage increase for all Australians, no matter what income they are on, then that’s what they should say.