A super fund is, at its most basic, simply a ‘trust'. The ‘trustee' of the super fund holds the 'member’s balance' on trust for the ‘member’. What most people don’t realise is that because the super fund is a trust, it's governed by the rules of equity that set out...
If you are young, single and in good health, making your Will is often not front of mind. Your priorities may be more closely aligned to completing your further study, career progression and monitoring the seemingly endless growth of the housing market bubble.
Learn about estate planning and the challenges of managing loans between family members. Control your financial legacy.
Business owners should be aware of changes to Australian Consumer Law that have focused on Unfair Contract Terms. What is an unfair contract term? And what can you do to ensure your business complies? In an episode of Tax Talks, ADLV Law will walk you through the...
We know that getting your trust distribution minutes right can be a headache.
To help, we have compiled a series of useful articles and links below that will help you optimise your trust distribution minutes and assist you in getting them right the first time, every time.
Discretionary trusts (commonly known as ‘family trusts’) are a common tool for people to operate businesses, hold investments and pass over control of assets. Family trusts can be excellent vehicles for all of these things, but they do come with their own risks. Over...
2021 sees Andreyev Lawyers celebrating 20 years in business. We don’t have an exciting origin story worthy of being made into a movie, but our story is probably one that most business owners relate to – it seemed like a good idea at the time! From the early days of...
Much like a divorce, the dissolution of a business partnership can be unexpected and difficult to manage. We have written before about what happens when someone leaves a partnership. This article goes into a bit more depth about what happens if you wish to continue operating the business after your business partner leaves.
We have written a lot of technical stuff about selling a business. But we’re finding that more and more people want to understand the best high-level strategy to actually conclude a successful deal. Set out below are 9 key questions you need to ask yourself before you...
What one person sees as bullying, another sees as office banter. This is our guide to identifying bullying and dealing with a workplace bully. What is workplace bullying? Fair Work Australia defines workplace bullying as repeated and unreasonable behaviour directed...
If you are a director and member of a company and ready to shut down your solvent business through a members’ voluntary liquidation, you may be wondering how the process looks. In particular, you may be wondering what your role will be as the liquidation progresses.
Read more below to see how you may stay involved with the company throughout the liquidation process and how your role might change if you opt out.
You may find yourself in a situation where your child or their partner is refusing to let you see your grandchildren or if you are playing a significant role in the care of your grandchildren, threatening to take them away. As a grandparent, you do not have an automatic right to see or care for your grandchildren, but this does not mean you are unable to do anything.
So you want send a message to someone, but you don’t want anyone else to read it, and you also don’t want the recipient to tell anyone else what you have said. Is writing ‘Private and Confidential’ on the correspondence, enough?
Including your children as members of your SMSF can be quite beneficial, but do you know the risks and disadvantages of doing so?
You’ll be put straight through to a great lawyer who will guide you to the right solution.