Looking after the administration of an estate may be difficult and at times traumatic and you will be confronted with some complex legal issues. Our Client Guide addresses issues such as the difference between an executor and administrator, the associated costs of dealing with an estate, issues of obtaining probate and letters of administration, how and when to distribute the assets to the beneficiaries, and trusts (to name a few). These are all concerns, you may need to consider when handling an estate.
Asset protection is about reviewing the way you carry on your business, trade or profession, how you own your private and business assets and how to ensure that if the worst occurs, you do not lose everything you have worked so hard to create. Our client guide will help you understand how you can protect your assets.
A business sale transaction can be quite complex that involves a broad range of issues such as employee entitlements, council requirements and obtaining the Landlord's consent for either a new lease or assignment of an existing lease. This guide has been prepared to give you some general knowledge and discuss, in plain English, key legal issues to consider in a business sale transaction. Regardless of whether you are a Seller or a Buyer, this Guide will assist you in understanding the sales process and how crucial a properly drafted contract is to protecting your interests. It is an extensive guide but if you do not have the time to read the entire Guide, headings have been used to make it easier to skim read to the areas that are of importance to you.
Before signing any contract relating to the sale of commercial or industrial property, it is very important that you understand some of the fundamental issues relating to the transaction. There is no cooling off periods applicable to these contracts so proper advice should be obtained from your lawyer and preferably your accountant, before a contract is signed, to ensure the contract protects your interests.
The amount of ‘red tape’ associated with transactions seems to be increasing and you are now far more exposed to a contract dispute with the other party, if the contract is not prepared correctly. This guide has been prepared to highlight the key legal principles, so you can achieve a far better understanding of what the transaction entails and protect your own interests. There are also plenty of practical examples to demonstrate the legal principles in real life scenarios.
If more than one family is involved in any business enterprise it is advisable to plan for what is to occur on the death or incapacity of the key stakeholders involved in the business. This should form part of your business succession plan. Some of the issues normally dealt with in a Critical Event Agreement are listed in this checklist.
These booklets contain the general terms and conditions of the disclosure notice we are required to give you and the general terms of our costs agreement - the basis upon which we carry out work for you. They also include some explanations which may help you understand how legal fees and costs are calculated. They must be read in conjunction with a specific Work Schedule that we will give you for each matter where we are asked to act for you.
Employment Law issues can pose risks to any business. Innovative solutions are now required to minimise these risks from problems arising in the workplace. McKays' Employer's Survival Kit provides practical advice and recommendations for your business and gives you the opportunity to receive training sessions, telephone advice, reviewing and maintaining of employment contracts and much more.
An Executors Dossier enables your executor to have easy access to your personal information in order to administer your will. It minimises the difficulties, delays and costs which may occur if the information must be located after your death.
Learning how to use the Payment Claim system can dramatically help you improve your cash flow. And, if you don't know how it works, you could end up having to pay Payment Claims which are sent to you even though you should not have to pay the bill.