Powers of Attorney are a type of agency arrangement whereby a principal appoints an attorney or attorneys to manage their financial affairs. Powers of Attorney created in South Australia are governed by the Powers of Attorney & Agency Act 1984. A general Power...
Recently, Gerald Cotton, CEO of Quadriga CX (Canada’s largest crypto currency exchange), died, age 30, taking with him the company’s “digital wallets” and their password to his grave; wiping out an estimated almost $283 million worth of crypto currency forever. A...
Managed to get through the Christmas period? For many, that means enjoying (or for others surviving) time with family away from work. But what about if you are in a family business and the divide between work and family is blurred or sometimes non-existent? The...
You may have heard of the concept of a business succession or “buy/ sell” that deals with the exit of a business proprietor in the event of an event such as death or disablement. Here is how it works based on a case study and solution. Want to know more?-...
Christmas is a good time of the year to reflect upon family succession and estate planning. A family discussion about proposed succession of the family business can often help to clarify intentions and assist in reaching consensus about expectations and plans moving...
