Legal Consolidated publishes PRUDENCE each week. It is emailed to accountants & financial planners. But anyone can join the free mailing list.
I am building an Employment Contract for my employee. She’s been with me for 6-years (hence the anxiety). I notice there’s no reference to the Award provisions under which she is employed. Does your Employment Contract override the Award provisions? Should…
Brett, you strongly recommend termination clauses. We approached the website that normally prepares our Employment Contracts. They don't use termination notices. I asked them why. They said they were not lawyers and couldn't give legal advice. This does not…
For asset protection , all of Dad's assets are in his Family Trust. Dad’s Family Trust is worth $6m. It contains: a farm (worth $4m): and two apartments (worth $4m each). "You girls get a $4m apartment each, the boy gets the $4m farm – it is all fair." The…
The accounting house built Employment Contracts for each of their accountants. The accounting house didn't waste time getting Employment Contracts for secretaries. Joanne joined the accounting firm as a secretary. She typed letters for the managing partner.…
We have some exciting news at Legal Consolidated. Dr Davies is going to be a reality TV judge. Check out the trailer for the show below: Dr Brett Davies judge on reality TV show "Start-Up School"
A Statutory Will is a Will written by the Court for you - before you die. Ten years ago, Rolf suffered a 'near fatal' car accident. The Court said that from that moment on, he had ' no testamentary capacity , no current Will and no real or even remote…
Business Succession Planning Quick links: Business Succession Planning Dear Dr Davies, I am a financial planner specialising in business risk. I was hoping that you would make available your PhD thesis on the taxation of business succession planning…
To date, all Legal Consolidated BFAs have been upheld in the Family Court and other Courts. We have stopped doing BFAs while we have a 100% success rate. In our view, the Family Court keeps looking at new ways to strike down a BFA. We do not want to be part…
