Choosing the right executor for your will is a crucial decision that can significantly impact the smooth administration of your estate and the well-being of your loved ones. The administration of a deceased estate is usually a complex and emotionally charged process....
In South Australia, a Power of Attorney (POA) grants someone the authority to make decisions on your behalf regarding financial and legal matters while you are alive. It can come into affect immediately or it can be deferred in its operation to a later time or trigger...
Trusts are powerful tools in estate planning, allowing individuals to safeguard assets and control their distribution even after their death. Among the various types of trusts, two common structures are family trusts and testamentary trusts. While both serve similar...
If you have separated from your spouse or de facto partner, deciding what to do about the family home can raise a whirlwind of emotions. Many memories are attached to the family home – good and maybe bad – and while some may want to hold onto the home and all the...
When commencing a business venture, it is necessary to consider the most appropriate type of business structure to put in place. Different business structures have different benefits and disadvantages. This article looks at the sole trader business structure –...
A shareholder agreement is a private contract between the shareholders of a private company and the company itself, and between each of the shareholders of the company to each other. The agreement governs the shareholders’ respective rights, responsibilities,...
Most people are aware that a valid will determines how their assets are dealt with after they are gone. Wills generally provide for the appointment of a trusted executor or executors and for gifts to chosen beneficiaries. They may also appoint testamentary guardians...
When commencing a business venture, it is necessary to consider the most appropriate type of business structure to put in place. Different business structures have different benefits and disadvantages. This article looks at trusts – how to establish a trust and...
A separating couple with minor children will need to work out the parenting arrangements for those children – where the children are to live, who they spend time with, and who may make decisions about the children. If the couple can agree, their agreement can be...
There are 4 main types of business structures for doing business in Australia, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust and company. Some businesses operate as a combination of these. There...