About Andrew

Lawyer to entrepreneurs and investors
30 03, 2020

Getting your estate planning up-to-date. Part 3: What happens if you’re incapacitated for a period of time?

2020-03-30T08:01:39+09:30

If you are incapacitated for a period of time, things won't stand still and wait for you to recover. Someone still needs to manage your legal and financial affairs, and others will need to make personal and healthcare decisions for you. Do you have the necessary documents in place to make this happen, and avoid the need for your loved ones to apply to the Government for help? If not, read this.

Getting your estate planning up-to-date. Part 3: What happens if you’re incapacitated for a period of time?2020-03-30T08:01:39+09:30
30 03, 2020

How to control a family trust when you die – our free downloadable Guide

2020-03-30T08:12:00+09:30

It's pretty common to hold assets in a family trust. We do this to protect the assets and to minimise our taxes. That's all well and good until it comes to estate planning. If you have a family trust then you need to give some very careful thought about how you are going to pass [...]

How to control a family trust when you die – our free downloadable Guide2020-03-30T08:12:00+09:30
29 03, 2020

Getting your estate planning up-to-date. Part 2: Who gets what?

2020-03-30T10:12:25+09:30

In this article we cover the important questions you need to answer to put in place an effective Will, namely: why should you make a Will, who gets what, how do you fairly divide your assets if you are in a 'blended family, and who you will need to involve in your estate plan? Time to act!

Getting your estate planning up-to-date. Part 2: Who gets what?2020-03-30T10:12:25+09:30
29 03, 2020

Getting your estate planning up-to-date. Part 1: Ownership of Assets

2020-03-30T08:03:01+09:30

One of the reasons you accumulate assets and savings is to ensure your loved ones are adequately looked after when you die. Your accountant is likely to have put in place strategies to save you tax and protect your assets. But without proper planning, this can mean that your assets don't end up in the hands of the people you intend. FInd out more.

Getting your estate planning up-to-date. Part 1: Ownership of Assets2020-03-30T08:03:01+09:30
25 03, 2020

Can I collect my debts under the new COVID-19 insolvency changes?

2020-03-26T07:37:02+09:30

Do the temporary changes to insolvency law mean that you won’t get paid? Sort of. You should get paid eventually (if the debtor makes it through these challenging times), but your options to force a company or individual into insolvency will be delayed. TIP: With these changes, it is now supercritical to properly assess the [...]

Can I collect my debts under the new COVID-19 insolvency changes?2020-03-26T07:37:02+09:30
25 03, 2020

Do I have to refund the deposit? ‘Event cancelled!’

2020-03-25T11:29:36+09:30

COVID-19 has meant that weddings, parties and celebratory events are being cancelled all over the country.  In many cases these events are merely postponed, but if you are a caterer, party planner or event manager, the question you need answering is ‘do I have to refund the deposit?’

Do I have to refund the deposit? ‘Event cancelled!’2020-03-25T11:29:36+09:30
22 03, 2020

How to use gift cards and vouchers to get you through these difficult times

2020-03-22T17:18:49+09:30

We all want to support our local businesses during this period of ‘social distancing’. One way for us to do this it is to purchase ‘vouchers’ or ‘gift cards’ from our local merchants. If you are in business and you want to put a voucher scheme in place, read this to find out how.

How to use gift cards and vouchers to get you through these difficult times2020-03-22T17:18:49+09:30
7 08, 2019

Hey founder, are you being left behind?

2019-09-17T08:07:17+09:30

Founding a company is a lot easier than retaining control of it. Part of your journey will necessarily involve other people. First, it may be a co-founder. Then family and friend investors, and ultimately professional investors. During this evolution, the chances of you being left behind, and things getting out of control, increase exponentially. We’ll help you get back in control, with a binding entitlement to what you’re worth.

Hey founder, are you being left behind?2019-09-17T08:07:17+09:30
18 04, 2019

When should directors be personally liable for tax debts?

2019-09-17T08:07:57+09:30

As a general rule, a company provides its shareholders with ‘limited liability’. This means that the extent of resources a shareholder risks when they invest in an enterprise is limited to the amount of capital they put into the company (or agree to put in). If the company runs out of resources, or gets hit with a nasty surprise, the capital may all be lost, but the shareholders are not obliged to put anything additional in. They have just ‘done their doe’. The limitation of liability for shareholders has not really changed much over the centuries that limited liability companies have been around. What has changed, is the role and responsibility of directors.

When should directors be personally liable for tax debts?2019-09-17T08:07:57+09:30
12 03, 2019

Who gets what income after you have separated with your partner?

2019-08-20T12:57:01+09:30

A relationship breakdown may put significant financial strain on you and your family.  If the household income is dramatically reduced, how then do you apply income to support your family during the separation?

Who gets what income after you have separated with your partner?2019-08-20T12:57:01+09:30
27 08, 2018

Q&A – How do pre-emption rights work?

2018-12-13T13:11:39+09:30

Most Shareholder Agreements, Constitutions and Partnership Agreements provide 'pre-emption' rights. These are rights that require someone wanting to sell an interest in the enterprise, to first offer the interest to the other equity holders. But they do not necessarily require the majority to buy.

Q&A – How do pre-emption rights work?2018-12-13T13:11:39+09:30
14 08, 2018

The commoditisation of everything

2019-09-17T08:14:26+09:30

There really is only one sustainable career or endeavour – commoditisation. This is the work of taking something requiring high levels of knowledge, experience and creativity, and turning it into something that a novice can easily do for themselves, for free. If you want to maintain and grow your real value over an extended period, that is it. There is nothing else.

The commoditisation of everything2019-09-17T08:14:26+09:30
21 05, 2018

What is Division 7A really all about?

2019-09-17T08:15:03+09:30

If you have a company then you have probably sat in a meeting with your accountant and heard the phrase 'that may raise Division 7A issues'. Everyone usually then grumbles and nodes wisely, and moves on...  But you may be asking yourself, 'what the hell is Division 7A all about?' Glad you asked.

What is Division 7A really all about?2019-09-17T08:15:03+09:30
9 05, 2018

Does the 2018 Budget really impact testamentary trusts?

2019-09-17T08:16:58+09:30

The Government has announced a 'tax integrity' measure to 'improve' the taxation of testamentary trusts. What impact does this potentially have on your estate planning strategies?

Does the 2018 Budget really impact testamentary trusts?2019-09-17T08:16:58+09:30