In the world of estate planning, a bucket company often plays a critical role, especially within family trusts. But what exactly is a bucket company, and how does it integrate into a family trust structure? This article explores the concept of a bucket company, highlighting its benefits and practical applications in managing tax liabilities and …
Challenging a will often arises from concerns about undue influence, lack of capacity, or inadequate provision for family members. If you believe a will does not reflect the true intentions of the deceased or fails to provide for eligible persons, it is essential to understand the grounds for challenging a will and the steps involved …
Responding to liquidator claims can be challenging, especially when you’re unfamiliar with the liquidator’s powers and the nature of their demands. Ignoring or dismissing these claims can lead to significant legal and financial consequences. This guide provides essential advice on responding to liquidator claims, helping you navigate the process and protect your interests. Understanding the …
Including Bitcoin and digital assets in your estate planning and your will ensures that your assets are distributed according to your wishes after you pass away. For instance, without a will, your estate will be distributed according to intestacy rules, which may not reflect your wishses. Moreover, Bitcoin and other cryptocurrencies present unique security challenges …
The NSW Court of Appeal addressed important issues related to restraint of trade clauses in the recent case Creak v Ford Motor Company of Australia Ltd [2023] NSWCA 217. The decision provides valuable insights for enforcing non-compete and restraint of trade clauses, especially in settlement agreements. Case Background Michael Creak, who ran an authorised Ford …
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