Many parenting orders put in place by the Family Court may not be able to be strictly complied with during the recent and ever-evolving coronavirus pandemic. The nature of parenting orders is that they are very prescriptive, specific and strict. Orders may include pick up points, such as schools, shopping centres or contact centres that [...]
Will my Family Court case still go ahead amid the COVID-19 crisis? Can I still begin a Family Court matter?Andrew2020-04-06T06:06:17+09:30
The short answer is that the Family Court is 'Still Open' to hear matters. But there are now procedures in place to limit social contact to avoid the spread of COVID-19. Find out how to keep things moving.
Are you having difficulty keeping to your parenting arrangement during the COVID-19 pandemic?
Getting your estate planning up-to-date. Part 3: What happens if you’re incapacitated for a period of time?Andrew2020-03-30T08:01:39+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.
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 [...]
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!
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.
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 [...]
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?’
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.
After deciding that a company suits your requirements as the entity through which to operate your business, follow these steps to get your company up and running.
When people go into business together it’s common for them to enter into a Shareholders’ Agreements to govern how they will own and administer their company. Our preference is to use a tailored version of the company’s ‘Constitution’ as the primary instrument to regulate the affairs of a company. Why would you use a [...]
A common frustration experienced by primary producers is that they cannot use their super savings in their business. Not being able to access your retirement savings until you are 60 (generally) and retired, can feel like you are diverting capital away from where it is needed. One way around this issue is to own farmland in your Self-Managed Super Fund (SMSF).
You need an SMSF Deed that keeps pace with legislative and common law changes. A lot of the sophisticated strategies are only possible if your SMSF Deed is up-to-date and written carefully.
The trustee of your SMSF is all-powerful. The trustee decides how much money you can put in the fund, who else can join, how your money is invested, how much gets paid out to you and when, and finally who gets what’s left over when you die. So how do you ensure the trustee of your fund continues to do the right thing when you can no longer be involved? There are a number of strategies you need to have in place