Why you must keep your estate planning up-to-date
We are often asked how much damage outdated estate planning documents can do. The answer is clear: a lot.
Who will make decisions about your health and welfare when you can’t? (Advance Care Directives, SA)
Who will make decisions about your health and welfare when you can’t? (South Australia)
Taming the ‘Seven Dogs’ of business succession planning
No matter what type of business you’re in, it’s important to protect yourself against the unexpected – what we refer to as the “Seven Dogs”: Death, Disability, Divorce, Default, Departure, Disagreement and Deadlock.
When one of these events occurs, often one business owner will want to take ownership and control of the business, and the other owner (or their family) will want funds to maintain their lifestyle.
A lot of questions then arise…
Binding Financial Agreements – The basics
A ‘Binding Financial Agreement’ is a way for couples to put in writing what they would like to happen to their property if their relationship breaks down, or if their relationship has already broken down and can avoid costly disputes.