It is important for everyone over 18 to have a Will to make sure their wishes are followed and their assets are distributed as they would want after they die. If you don’t have a Will your assets will be divided according to how the law dictates in the rules of intestacy, that is, when… Read More
There are 4 main types of business structures for doing business in Norfolk Island, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust and company. The choice of business structure is an important decision to make at the start of a business venture, as the… Read More
The steps involved in determining how property is divided after the breakdown of a relationship generally include: identifying the assets, liabilities and financial resources of the parties; assessing the parties’ financial and non-financial contributions; evaluating the parties’ respective future needs; determining a financial settlement that is, in all circumstances, just and equitable. This is the… Read More
If you have recently separated, one of the concerns you will probably have is the size of your legal bill after your property matters are sorted. Below are our top tips for keeping your family law property costs down without skimping on sound legal advice. Tip 1 – do the groundwork yourself A specific process… Read More
Losing a trust deed is not something anyone plans to do. Not only is a lost trust deed inconvenient it can also have serious consequences. Even if the trust is able to continue operating, without having the trust deed to reference it may be very difficult, if not impossible, for trustees to be certain that… Read More