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You need to prepare a legal document for a client. You find a polished website selling Trust Deeds , Loan Agreements , Wills and Powers of Attorney . It looks legal. It sounds legal. It even claims that a lawyer ‘signed off’ on its documents. But the website…
You sign a Power of Guardianship or Medical Decision Maker document while you are of sound mind. Years later, dementia changes your behaviour. You wander towards traffic. You strike another resident. You pull out a feeding tube. Staff at your aged care home…
An SMSF Deed goes stale. Superannuation law changes. ATO practice changes. Banks change their requirements. Pension rules change. Death benefit law becomes more contested. A deed that worked 6 or 8 years ago may now be brittle. But updating an SMSF Deed is…
Many parents want to include their children in wealth creation. But Australian corporate law is strict. If you are setting up an Australian Pty Ltd company on Legal Consolidated's website, you might want to issue shares to an underage child. You must do this…
A company share is a bundle of rights. Those rights decide who: votes receives dividends gets back capital gets notices attends meetings participates if the company is wound up This is why the company constitution matters. The constitution gives each share…
Dear Senators, In 1985, based on equity grounds, it was argued that ‘because real capital gains represent an increase in purchasing power similar to real increases in wages, salaries, interest or dividends, they should be included in any comprehensive…
You are the sole shareholder of a private company. You are also the sole director. Over many years, you lent your company money. The company used the money in its business. The company now has no cash. It has no assets. You want to apply for the Centrelink…
No. A Will is not a remote control. You cannot use it to control your child’s marriage from the grave. But you can protect your estate. That is the difference. Many Will makers ask the wrong question. They ask: "Can I make my daughter divorce her husband…
