We frequently see family law clients who have a preconceived idea of the method they wish to use to record their separation, often based on their own research on Google. There are two legal methods to record your separation agreement– by way of a Binding Financial...
Letters of demand A lawyer’s letter of demand is the first step if you have a debt that is going unpaid. Usually, the cost of issuing such a letter will not be high, however if the debtor disregards the demand you will have to take further action as detailed below....
There are many reasons to have a Will in place. Many people are prompted by events such as buying a property, getting married or having children, or getting divorced – all great reasons to have a Will in place. Bear in mind that if you marry, your existing Will...
What are the effects of declaring bankruptcy and when may bankruptcy be the right choice for you? People with large debts which may have been incurred as a result of a failed business venture or due to consumer spending on credit cards do need to consider whether in...
Directors of companies large and small need to be aware of their fiduciary obligations and duties owed to a company as directors. The Corporations Act 2001 sets out four main duties owed by directors: To act with care and diligence: Section 180 of the Corporations Act...
We regularly see client’s who are having trouble getting on with co-owners of the company they are invested in, whether their involvement be as co-directors or just shareholders. In some cases, it becomes apparent that the treatment of shareholders by the directors or...
In conversation with my clients about estate planning and asset protection, it would be no surprise to you that there are a number of frequently asked questions that most business owners ask. I thought I would run you through some of these and the key aspects of the...
Unfortunately, when marriages break down, children sometimes get caught up in the cross fire. Sometimes parents may be tempted to use access to the children as leverage in an effort to extract a more favourable property settlement or one parent may seek to demonise...
Couples who have been in a genuine de facto relationship for at least 2 years, or couples who have been married, can apply to the Family Court or the Federal Circuit Court to have financial matters between them decided following the breakdown of their marriage....
BINDING FINANCIAL AGREEMENTS – THE ULTIMATE PROTECTION FROM FAMILY LAW PROPERTY CLAIMS? Most people would like to avoid having to get involved in lengthy and nasty court disputes if they are unfortunate enough to go through a divorce or separation. Binding Financial...