Basics of shareholder agreements
You are not legally required to have a shareholder’s agreement, but the chances of you encountering problems and disputes are very high if you don’t have one in place. Why do I need a shareholders agreement? A shareholder’s agreement is a binding contract that is negotiated by the shareholders of a company which controls their […]
Working with our estate planning solutions
Finding a commercial team to assist you in developing an estate planning offering can be a minefield. Ensuring that the tax outcomes are maximised to the detriment of the succession plan or alternative tax is not considered to be a core component of the proposal put forward. We are different. Working closely with our aligned […]
Behind in superannuation payment
A good sign of problems in the business are that you are behind in your superannuation for staff, and it is one area that things can escalate quickly. Industry funds Where you have staff that are members of an industry fund, if payments are made late, the fund can commence recovery proceedings, either through court […]
Succession planning for business
For many business owners, the objective is to pass a profitable and successful business through to the next generation, but this is not something that simply happens and the planning you undertake for a business sale should be similar to transferring a business within the family group. If you are a business owner, you may […]
Communicating with staff during a restructure
Staff are the most important part of your business and communicating with them during the period of a restructure can make or break the business. If there are going to be redundancies or terminations this should be something that is communicated early to allow staff to look for alternative options.
Superannuation and death – recent decision
Recent Case You may have seen in the news last year that an Australian father who was in the Defence Force unexpectedly passed away, leaving behind two young daughters. The father had a relatively new girlfriend at the time of his death and signed a statutory declaration in 2014 stating that his girlfriend was his […]
C&D Estate Planning Solutions
Working closely with our associated solicitors we offer a comprehensive tax based estate planning solution for professional firms. We pride ourselves on advanced advice which aligns with the overall needs of your clients. The estate planning solution looks at the ultimate tax outcome, focusing on the longevity of a tax structure and assuring this aligns […]
Why is a will important
The NSW Trustee and Guardian estimates that at least 45% of individuals have not yet made a valid will, and it has been claimed that 60% of Australians die without a will. What is a will and why is it important? A will is a legal document that clearly states how you want your assets […]
Max Brenner and retail pressures
Recently Max Brenner appointed an administrator and is now looking to shut the majority of stores and sell the balance, how did it all go wrong and what could be done to protect against it. Rents A fundamental cost for business is keeping the doors open, and your shop is paying rent 24 hours per […]
Cross Collaterisation
Do you have cross collaterised assets or do you know what it means? Cross collateralisation is where your lender has taken security over more assets than those that you have financed, this may be a taking security over your home for a business loan, or taking security over your entire business for a vehicle loan. […]
