Dad dies. What happens to his Family Trust with the farm in it? 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). On his deathbed, Dad...
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. She...
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”
Australian Statutory Will 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...
Business Succession Planning Quick links: Dr Brett Davies’ thesis – Click here Estate planning manual – Click here Business Succession Planning Question: Dear Dr Davies, I am a financial planner specialising in business risk. I was hoping that you...
Binding Financial Agreements (BFAs) are no longer worth the paper they are written on Legal Consolidated Barristers & Solicitors no longer prepares BFAs. To date, all Legal Consolidated BFAs have been upheld in the Family Court and other Courts. We have stopped...
