Dealing with the loss of a loved one is never easy, and the added burden of managing the estate can be overwhelming. This is particularly true when someone dies without leaving a Will, a situation known as dying “intestate”. In such cases, a court can grant...
Family businesses are the backbone of Australia’s economy, contributing over 70% of the nation’s GDP and employing a significant portion of the workforce. However, their long-term success can be fragile, with only a fraction operated by the third...
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...
There are 4 main types of business structures for doing business in Australia, each with their own advantages and disadvantages. In simple terms, a business can be operated by a sole trader, through partnership, by a trust or a company. The business structure is an...
In Australia, there are legal avenues available to individuals who wish to contest a will or challenge the distribution of an estate. Although regrettable, such disputes are often unavoidable and sometimes essential to ensure fair outcomes. Understanding these legal...
