Testamentary trusts can be very effective estate planning tools to assist in providing for spouses, children and grandchildren, and are becoming increasingly popular as more people become aware of their advantages. A Testamentary Trust is any trust established under a Will, but the term is usually used in the context of a discretionary/family trust established...

In the Australian workplace, “sexual harassment” has been unlawful since at least 1984. One major issue for employers to deal with is displaying or circulating sexual material in the workplace. Back in 1984, when the laws were introduced, desktop computers, laptops and mobile phones, SMS, Skype and the internet were still largely future technologies. Efforts...

Parents do not have to go to court about the care arrangements for their children if they separate. At Frichot & Frichot, as a matter of principle, we encourage clients to endeavour to reach an agreement with ex-partners about proposed arrangements for their children after separation. This may be achieved by direct negotiation or mediation,...

When renting commercial premises it is important for both landlords and tenants to understand the relationship they are entering into and the rights and obligations that they each have. The document that governs this relationship is usually a commercial lease. So what is a commercial lease? A lease is a legally binding contract that gives...

A Power of Attorney is a legal document that gives a trusted person the legal authority to act for you and to make legally binding financial and property decisions on your behalf. If you do not have a Power of Attorney then you should contact us and find out more. Below are 6 top questions...

It is important for everyone over 18 to have a Will to make sure their wishes are followed and their assets are distributed as they would want after they die. If you don’t have a Will your assets will be divided according to how the law dictates in the rules of intestacy, that is, when...

During difficult economic conditions it is important that all directors revisit their duties as directors and are aware of how the board should deal with the situation where a company is in financial difficulty and may be insolvent. What is insolvency? A company is deemed to be insolvent when it cannot pay its debts as...

Conveyancing is the process involving the transfer of legal title of real property from one person to another. The conveyancing process is designed to ensure that the buyer obtains good and marketable title to the property together with all the rights that run with the property and is notified of any restrictions on rights in...

The term “buying off the Plan” usually refers to purchasing property that is not yet registered as a single lot with the government department responsible for land title registrations. Buying off the plan could mean a block of vacant land that is part of a subdivision or a house or apartment being built for sale....

If you are considering buying a business there are a number of things you need to do from a legal, financial and general business perspective. Getting the right advice from the start is important. The issues involved in a sale are different if you are buying the business assets only, compared with the shares in...