News

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...
30 January, 2019

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?-...
20 December, 2018
Succession and Estate Planning: Your New Years Resolution

Succession and Estate Planning: Your New Years Resolution

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...
20 December, 2018

Business Succession Plans And Shareholders Agreements

Business succession planning involves simply that- planning for transition of the ownership or management of a business at the appropriate time. This is not always at the death of a proprietor, as most people would like to retire from business before that! Business...
20 December, 2018

Estate Planning for every Generation

Gen Z , Gen X & Baby Boomers- Proper Planning has something for everyone Whether you are Generation Z, a baby boomer or anywhere in between- Estate Planning and documenting arrangements is equally as important at any age. Let’s put this into perspective… Gen Z...
10 December, 2018

Q & A on Testamentary Trusts

Q. I have heard of some people having Wills that include testamentary trusts. What are they? A. A testamentary trust is simply a trust that is established through a Will. There are many different types of trusts that arise in Wills: from a simple trust where funds are...
3 December, 2018

Power of Attorney- What Restrictions Apply?

A Power of Attorney is generally appointed to manage a donor’s financial affairs at some point during their lifetime. Typically, this is in the event of the donor’s loss of legal capacity. The powers given to an attorney typically contain the power for the attorney to...
20 November, 2018

Family Trusts

Family Trusts What are they? There are many types of trusts and the word “trust” is often used in different contexts, resulting in understandable confusion. A trust is simply a relationship that exists where one party (legal owner or “trustee”) holds property (real...
5 November, 2018

Challenging a Will

It is often difficult for people to accept that it is possible for their will to be contested. There are a number of ways when this might occur, including if:   -The testamentary capacity of the will maker is questionable, for example where they may have been...
26 October, 2018