In a “normal” situation when a person passes away, their Last Will and Testament discloses the deceased person’s intentions for the distribution of their assets. However a Will only deals with the assets that a person has, or over which a person has control, as at the date of that person’s death.
A Will containing Testamentary Trusts provides your beneficiaries with a fantastic investment vehicle that they can use for the rest of their lives and pass on to their children.
Do you have a child with a severe disability, or know someone who has a child with a severe disability? If so, the following information can help protect that child’s financial future.
New case highlights need to register security interests on the Personal Property Securities Register
A recent Supreme Court of NSW decision is providing guidance on the Personal Property Securities Register, highlighting the necessity to register security interests in property as soon as possible, especially when that property is in the possession of another party, writes partner TERRY MORGAN.
Property prices in today’s market can be steep, and obtaining finance may be difficult. Getting help from family to enter the property market makes sense, but the finer details of agreements made over the kitchen table are often overlooked, writes TERRY MORGAN.
As part of Law Week 2013 last month, Baker Love Lawyers partner TERRY MORGAN presented a seminar on Neighbourhood Disputes. Neighbourhood disputes can encompass a large variety of areas, but perhaps the most commonly recognised issues are trees, fences, or perhaps a combination of the two, he writes with JANINE WILSON.
People make promises which they just do not keep. Perhaps the disappointed party decides to do nothing about the broken promise, but it should not be forgotten that there are promises a Court in equity will uphold and prevent a person from breaking
In the conduct of any business, and even more so in times of economic difficulty, the collection of debts by a business is of paramount importance, according to TERRY MORGAN.
If you are a director of a company, or you are intending to become a director of a company, then you should be aware that recent legislative changes have imposed further PAYG liabilities and superannuation contribution obligations upon directors of companies, says Partner TERRY MORGAN.
