Posts by Ben Thomson
Essentials for Commercial Property Leasing in Western Australia
Navigating commercial property leasing can be a complex and high-stakes process for business owners in Western Australia. Whether you’re a landlord seeking to lease out a commercial property or a tenant searching for the right commercial space, having an experienced commercial property lawyer by your side can make all the difference. Commercial leases often involve…
Read MoreHow to Resolve Director and Shareholder Disputes: Legal Solutions for Business Conflicts
Disputes between directors and shareholders can be disruptive and potentially harmful to a company’s operations. In Western Australia, where business laws are governed by both state and federal regulations, resolving these disputes effectively is critical to maintaining the stability of your company. Whether it’s a disagreement over business strategy, management issues, or shareholder expectations, there…
Read MoreBusiness Structure and Succession Planning: Helping Your Business Thrive
When it comes to running a successful business, the decisions you make about its structure and future succession are among the most critical. A well-thought-out business structure not only helps with day-to-day operations but also plays a key role in minimising risks, optimising tax outcomes, and ensuring smooth transitions as your business evolves. Similarly, succession…
Read MoreWhy a Sound Business Sale Agreement Is So Important
When buying or selling a business, one of the most crucial elements of the transaction is the business sale agreement. This legally binding contract outlines the terms and conditions of the sale and is essential to ensuring that both parties are clear on their rights and obligations. Whether you are selling your business or acquiring…
Read MoreWhat Is a Shareholders Agreement and Why Every Business Needs One
Do I need a shareholders agreement? The short answer, yes. A shareholders agreement is a legal document that sets out the rules and processes which apply to the shareholders of a company, determines the rights and obligations of shareholders, and governs the relationship between company directors and shareholders. The purpose of a shareholders agreement is…
Read MoreUnderstanding How Superannuation and Wills Interact
In most cases, when a person passes away, their superannuation member account benefits will be paid to their beneficiaries as per the superannuation fund’s rules. However, the way in which superannuation member account benefits interact with wills and estates can depend on a few factors. One important factor to consider is whether you have a…
Read MoreWhat to Consider When Preparing an Enduring Power of Guardianship
When preparing an enduring power of guardianship, there are several important factors to consider: Choosing the right person: The person or persons you choose to act as your enduring guardian should be people you trust and who have your best interests at heart. Remember that these are the people who will make important health and medical…
Read MorePreparing an Enduring Power of Attorney: Key Factors to Consider
When preparing an enduring power of attorney, you need to consider several important factors to ensure that your wishes are accurately reflected and that your assets and estate are protected. Here are some key considerations: Choose a trustworthy attorney: Your enduring attorney will have the power to make important decisions on your behalf regarding your…
Read MoreSpecial Disability Testamentary Trusts – What Are They?
A special disability testamentary trust (SDTT) is a type of trust created in a will for the benefit of a person with a disability. The purpose of an SDTT is to provide financial support and protection for the disabled person after the death of the person creating the trust in their Will (the testator). The…
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