When someone dies, their assets are usually distributed according to their will. The person responsible for managing and distributing these assets is the “executor” of the deceased estate. In some cases, a will appoints more than one person to act as executor, and...Read More
We should all plan for our future. Certainly, we should all have a current will, especially those of us who need to make special arrangements for the care of children or pets. Many of us would also benefit from making a formal arrangement to account for a time when we...Read More
Are you a farmer and wondering whether you should transfer your farming land to one or more of your children as part of your retirement and succession planning? A farm is a particularly complex asset to include in your estate plan. In most cases, the farm itself is a...Read More
An executor is the person appointed under a Will to oversee administration of the estate of a deceased person. An administrator plays a similar role however is appointed by the Court when a person dies intestate (without a Will) or the appointed executors under the...Read More
As a business owner, you deal with many responsibilities, including having to decide what to do with your business when you move on. Sometimes the logical endgame for a business is to be wound up, but in most cases, the aim is a smooth transition to new ownership....Read More
One of the most loving things that you can do for your family is make plans for what happens after you die. This is particularly important if you have children or vulnerable adults who depend on you financially. A testamentary trust might be the right tool to help you...Read More
If you have been asked to accept a position as a director of a company in which you have little or no involvement, think again. All too often spouses are appointed as a co-director of their partner’s company without understanding their full responsibilities as a...Read More
As an employer, you should be aware that you owe your employees obligations in relation to any personal information they have disclosed to you. Information about an employee collected by an employer is considered personal information under the Privacy Act 1988...Read More
Some people who have been injured at work do not want to lodge a workers compensation claim while they are still employed because they feel that their work situation will become ‘awkward’. This is why some employees choose to wait and claim workers compensation after...Read More
You should ensure you take time to prepare and carefully consider the sale of your business, before committing to sell. There is a lot to organise and prepare when getting ready to sell your business, which is why we recommend seeking legal advice from experienced...Read More
