|
In our article on Buy-Sell Agreements we disclose how important it is to have a clear understanding well in advance of ‘events’ as to what happens when they occur. One important issue in relation to business succession planning is how any financial arrangements are to be settled at the relevant time.
Whilst the business involved...
|
|
Read More ...
|
|
When businesses are being established, owners usually undertake extensive research and due diligence processes to satisfy themselves that the investment (of time, energy, emotion and finances) is going to achieve particular outcomes. This is all part of business planning.
One important aspect of business planning is to ensure that business...
|
|
Read More ...
|
|
A recurrence of life-changing incidents within a circle of contacts often brings the subject of Estate Planning back into focus. This is an area that each of us who has dependants, particularly financial dependants, owe it to them to ensure that what is being provided for their ongoing well-being is both secured for them and delivered in as...
|
|
Read More ...
|
|
Even if you’re looking to stay on in your business for longer or have no plan for retirement, a buy/sell agreement ensures the future of the business continues as you wish in circumstances prescribed in the agreement. Some of those circumstances might not be planned – and could arise without notice: accidents, serious illness, even...
|
|
Read More ...
|
|
A document by which a person gives an agent (the attorney) authority to act on his or her behalf. The power is enduring when the document states that the authority to act shall continue regardless of the later mental incapacity of the person giving the power.
In Queensland, the Power can be restricted to financial matters or extended to...
|
|
Read More ...
|
