The short answer is, no. The Corporations Act 2001 (Cth) does not require directors to be given prior notice of any matters to be discussed at a directors/Board meeting, or any resolutions to be put to the directors/Board at the meeting. Your Company's Constitution...
How do you appoint someone to make health or medical treatment decisions on your behalf in NSW?
As part of your end of life plan it is a good idea to appoint someone to make health or medical treatment decisions for you, if you become unable to make such decisions for yourself. It is also important to identify what your values, life goals and preferred outcomes are so the person appointed to make those health and medical treatment decisions can ensure their decision making is in line with your wishes.
Do I need to carry out a ‘reading of the Will’?
We are often asked by clients who are appointed as an executor of an Estate whether they need to gather the family around and 'read the Will' out loud. While this is often the kick off point for an Agatha Christie murder mystery, this formality is not required in...
Is your reversionary pension really binding on your SMSF trustee?
Budget Update Notice: The 2026/27 Federal Budget contains proposals that may affect the information in this article. As at the date of this notice, these are proposed measures and have not yet passed into law. We are reviewing and updating our content as the...
I’m young, I’m single, why do I need a Will?
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.
In-house loans and estate planning – not as simple as it seems
Learn about estate planning and the challenges of managing loans between family members. Control your financial legacy.
ADLV Law chats with Tax Talks about Unfair contract terms
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...
Trust Distribution Resources
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.
How to safeguard family trusts for the next generation
Budget Update Notice: The 2026/27 Federal Budget contains proposals that may affect the information in this article. As at the date of this notice, these are proposed measures and have not yet passed into law. We are reviewing and updating our content as the...
Andreyev Lawyers Celebrates 20 years
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...
When the Partnership Bubble Bursts: What happens if I want to continue operating the business post-dissolution?
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.
9 questions to ask yourself before you sell your business
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...
Did they cross the line? Dealing with workplace bullying
What one person sees as bullying, another sees as office banter. Â 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...
What is a director’s role in a members’ voluntary liquidation?
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.
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