Why your company needs a Shareholder Agreement
Starting a business requires careful planning and consideration. A failure to allow for unforeseen events or for ways to resolve future disagreements could put your new venture at considerable risk. The repercussions of failing to plan are clearly illustrated in a...
COVID-19 Update
You will no doubt be getting used to Corona or COVID-19 Updates from a variety of sources by now. Hopefully everyone is successfully negotiating the current environment and managing to stay safe in these difficult times. Whilst our office operations have changed a...
Legal Proceedings after Death
Did you know that if you were a claimant in any legal action at the time of your death, that such action might survive for the benefit of your estate? Similarly, if you were the subject of a claim against you, such action might survive your death and continue against...
Your Estate Planning Documents
We are now settled into our new offices at Level 2 / 60 Hindmarsh Square, Adelaide. If you have not visited us yet at our new offices, feel free to come and check them out. While you are here, you might want to consider a review of your estate planning documents...
Inheritances and “Problem” Beneficiaries
We often meet with clients concerned about leaving an inheritance to a “problem” beneficiary. Common examples include an alcoholic, a drug addict, a compulsive gambler or spendthrift, a bankrupt beneficiary, a beneficiary going through a matrimonial break up...
Sperm Donation and Parentage – The High Court to Decide
The High Court of Australia has been called upon to hear an appeal regarding the legal parentage of a child “B” born as a result of an artificial insemination procedure. In this case the donor “X” is a person known to the donee mother. The donor’s name appeared on...
Powers of Attorney: All the same…right?
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...
A Short Word on the Importance of Digital Estate Planning
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...
Family Businesses: Keeping it Together
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...
How the Buy Sell Agreement Works
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?- Call Donlan...