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The importance of estate planning before capacity becomes an issue
We should all plan for our future. Certainly, we should all have a current will, especially those of us who need to make special arrangements for the care of children or pets. Many of us would also benefit from making a formal arrangement to account for a time when we...
What happens when a contract is breached?
Contracts are a common tool used throughout our lives to create legal relationships between parties to define their respective obligations and rights. If you have entered a contract with another party, you are obligated to abide by the terms and conditions of the...
New laws for Short-Term Rental Accommodation NSW
The New South Wales Government has introduced a statewide regulatory framework for short-term rental accommodation, titled State Environmental Planning Policy (Affordable Rental Housing) Amendment (Short-Term Rental Accommodation) 2021 (STRA). The framework regulates...
Wills for Blended Families
Making a Will is important, particularly if you are part of a blended family. A blended family is a family in which one or both partners have a child or children from a previous relationship. Careful estate planning now should ensure that all of your intended...
Exclusion clauses in commercial contracts – how far can they go?
It is common in commercial contracts to apportion risk among the parties. One way this is achieved is through exclusion clauses. Exclusion clauses may address liability for contractual breaches as well as other types of liability, such as negligence. There are three...
New South Wales Government Shared Equity Scheme
Home ownership is a goal of many, if not most, Australians. Unfortunately, this ambition remains perpetually out of reach for a significant number of people. With an average houses in New South Wales now costing more than a million dollars, families with two average...
The benefits of mediation in a commercial dispute
Lawyers are often stereotyped as being interested in prolonging an expensive Court action. More often the opposite is true. Lawyers know that Court cases are expensive and that clients are fearful that legal costs could escalate to an intolerable level. Lawyers...
Succession Planning for Business Owners
As a business owner, you deal with many responsibilities, including having to decide what to do with your business when you move on. Sometimes the logical endgame for a business is to be wound up, but in most cases, the aim is a smooth transition to new ownership....
How COVID has changed things for commercial landlords and business tenants
COVID-19 has placed a lot of businesses under financial stress. For others with teams successfully working from home, business owners might be considering moving into smaller premises. Commercial leases are binding contracts, usually for a fixed period of time, so how...
Is your business looking for investment or partnerships?
This is the document you need. We know that looking for investors can be an exciting and stressful time for new businesses. You want to make your business look as attractive as possible and sometimes that means exposing your business secrets to potential investors and...