Angas Lawyers

Call 08 8223 4762

Business Owners Looking To Expand?

Business owners often require assistance from other people to carry out work and to grow their businesses.  This assistance might be required occasionally or on an ongoing basis.

The business owner must decide how to engage these people in business with them.  Should they employ staff, should they engage contractors or should they take on partners.

Whatever decision the business owner needs to make sure he or she enters into a well written business contract. Those contracts need to be well considered, and well drawn in writing.

So if you are or know a business owner looking to expand, refer them to Angas Lawyers for advice and preparation of contracts and agreements.

Merry Christmas

Angas Lawyers would like to wish you a Merry Christmas and a Happy New Year.

Please note our offices will be closed from Wednesday 23rd December 2015 at 12.30 pm.

We will re-open in the New Year on Monday, 11th January 2016 at 9.30 am.

If you require our assistance during this time, please email us at admin@angaslawyers.com.au.

 

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Trustee Company Drawn Wills

After the passing of a loved one, emotions are often raw.  As a result, it is important that the administration of the estate is carried out in a fashion which best suits the needs of the deceased’s family.

If in a deceased’s Will a trustee company is appointed executor to administer the estate the administration is likely to be carried out in accordance with that companies’ policies and needs and not the wishes of the deceased’s family.

The choice, for example, of an agent to sell real estate is likely to be decided from a list kept by the trustee company.  Family heirlooms and memorabilia may also be distributed or sold according to the trustee company’s policies and not necessarily the family’s wishes.

A Will should be drawn to reflect your personal wishes and ensure that your personal wishes are carried our after you passing.

If you know someone who is thinking of having a trustee company draw their will or they have a Will with a trustee company, tell them to contact Angas Lawyers.

We can make sure that their wishes and their family’s wishes are carried out with care and compassion.

Administering An Estate

The administration of an estate can be complex.

Dealing with the Probate office and the rules that need to be followed can be an exercise in frustration.

Often, the winding up of a family member’s affairs needs to happen at a time when the family is grieving.

We at Angas Lawyers are able to provide the direction, the documentation and the peace of mind that is required to assist your family and friends at this difficult time.

Self-Managed Superannuation

Superannuation has been in the news lately, and there are significant incentives particularly for older Australians to pay money into their Superannuation.

One way of investing in Superannuation even for those of us in business is to consider a Self-Managed Super Fund.  They are not necessarily for everyone but they can provide an avenue for flexible investment.  They can also be used as part of estate planning.

If you know someone who has a self-managed super fund or who is considering setting one up, they will need to receive careful estate planning.

Contact us on (08) 8223 4762 to arrange an appointment to speak with our lawyers today.

Property Division

We often hear “I just need a simple one page document to say that my partner is happy for me to keep the house as part of our separation.”

An informal agreement reached between two people to divide property after they have separated is not enforceable.  Either party can freely ignore the agreement.

There are only two ways to properly record such an agreement.  By consent orders of the court or a binding financial agreement.

If you need advice to help divide property after separation contact Angas Lawyers today.

Licence Agreements

Making a decision to sell one’s home and move into a lifestyle village or home for the elderly is not easy.  Add to this that the conditions of occupation are set out in a long contractual document and it all becomes too much.

There is a way through this nightmare, if your family members have a Residence Agreement, refer them to Angas Lawyers and we can review the document and provide the advice required in a way that is easy to understand and cost effective.

Contact us today on (08) 8223 4762 or by email at admin@angaslawyers.com.au.

Do you have a valid will?

Your Guide to Wills & Living Wills

Wills

A Will is needed to ensure your assets are passed to those you love and those who need your financial support.

A well-drawn comprehensive Will is flexible and it will allow you to pass assets in a tax effective manner and provide protection to members of your family and beyond. You are able to choose your own Executor – the person responsible for looking after and distributing your Estate.

Making a Will avoids the charges made by trustee companies, which can charge anything up to 6% of your Estate, plus an annual commission on your estate income.

You can also make specific arrangements for your funeral, organ and tissue donation or donating your body for medical research.

Don’t have a will?

If you do not have a Will and pass away, you will be classed as having passed away ‘intestate’. Your assets will be distributed according to the law which could result in financial hardship for your family and added legal costs to the Estate.

Contrary to popular belief, your spouse doesn’t always inherit everything.

Someone will have to apply to the Supreme Court to be appointed as the administrator of your estate.

This could delay the distribution of your estate, be costly and cause financial hardship to your family.

Why go to a solicitor?

If you instruct Angas Lawyers your concerns will be listened to. You will have the benefit of over 30 years of legal experience and life experience. Wise and appropriate guidance can be given and correct documentation put in place for the protection of your family and loved ones.

We are able to incorporate Testamentary Trusts in your Will where needed. Direction may be included about the needs of children. Your Will can achieve what you want, not what is thrust upon you by the wishes of others or by the rules of an Act of Parliament.

Enduring Power of Attorney

An Enduring Power of Attorney will ensure that if you ever become incapacitated, your financial affairs will be taken care of by the person you nominate.

By appointing a person you know and trust to look after your financial, legal and property affairs, your family will be protected from hardship, inconvenience and cost.

If you do not have a valid Enduring Power of Attorney and become legally incapacitated an Administrator from the Public Trustee may be appointed as your Guardian to look after your legal affairs. Preparing an Enduring Power of Attorney will ensure you choose who you want to handle your affairs should your circumstances change.

Advance Care Directive

An Advance Care Directive allows you to express your wishes and instructions for future health care, living arrangements and limits on medical treatment and gives you the opportunity to appoint a Substitute Decision-Maker to make these decisions on your behalf if you are unable to do so.

You are able to have control over the manner in which you live if you lose the capacity to tell others what you want.

Just Think Of It As A Type Of Insurance

You probably have your house and car protected by insurance right now, but have you got a Will to protect those same assets if you become ill or pass away?

What will happen to your financial affairs if you become seriously ill and don’t have a Power of Attorney? Would you be happy with someone who doesn’t know you dealing with your personal affairs?

Do you have documents to assist your family and friends to make the decisions you would want to be made about your medical care and your lifestyle if you become ill?

When correctly drawn, these documents ensure that if anything happens to you, your wishes are carried out and your loved ones are taken care of.

Do It Yourself Documents

It may seem like the “cheaper option” to buy these documents, but it can be dangerous to use them. They provide a one size fits all solution. They are not moulded to your needs.

Saving a small amount of money by purchasing a basic, standard do it yourself document does not provide for situations personal to each individual, and often the problems created cost a lot more in the long run.

Spending a small amount of money now could save a lot of money and much heartache in the future. Ask yourself, would you operate on yourself?

Angas Lawyers will give you the appropriate legal advice and will make sure your documents are drawn up correctly.