Articles
Beware of Starting a Company with Others
Beware of Starting a Company with Others It is not uncommon for two people, whether friends or business associates, to have a great business idea and then conduct the venture through the vehicle of a company with each person becoming a director and equal shareholder....
Does a Contract Need to be in Writing?
Does a Contract Need to be in Writing? A contract is a legally binding agreement between parties which satisfies a number of requirements including that there be an acceptance by one party of an offer made by the other, that the parties intend the agreement to be...
What is a Deed of Family Agreement?
What is a Deed of Family Agreement? Sometimes there may be issues inside a family, especially financial ones, that need to be resolved. Any agreement reached can be recorded in a legal document called a Deed of Family Agreement.A common example is where an elderly...
How Does Marriage, Divorce and Separation Affect a Will?
How Marriage Affects Your Will Under section 12 of the Succession Act 2006 (NSW), marriage automatically revokes your Will—unless you made it in contemplation of that marriage. If you wrote your Will before marriage, it becomes invalid once you marry. To protect your...
The Ways Parents can Assist their Children to Buy a Home
The Ways Parents can Assist their Children to Buy a HomeThe fall in Sydney house prices is making it easier for parents to help their children to buy their first home. As a child will normally need to demonstrate to a bank or other lender providing mortgage funds that...