March 2019

29 Mar

Posted at 15:47h in Wills & Estates

For many, preparing a Will can be a daunting task. There are often concerns about the time involved or even thinking about death. However, given the rising number of inheritance disputes, having a professionally drafted Will is more critical than ever. Your Will ensures that your assets are distributed in accordance with your wishes. Take for example a couple who have been dating on-and-off again for 3 years but then the relationship ended. The law may conclude on the facts that they were in a de facto relationship for a time. As such, even though the relationship ended, the surviving individual may claim against the family and the estate will be in litigation for sometimes several years. DIY Will kits are relatively inexpensive to purchase. However the money you save upfront can be far outweighed by the issues faced by your loved ones upon your passing. If errors are made within the document, including whether the strict witnessing rules are adhered to, then the document could be deemed invalid. DIY Will kits are unable to provide you with options and guidance regarding complex situations including blended families, trusts or self-managed super funds. Neglecting to attain expert advice could leave your assets vulnerable to unnecessary tax and prolong the grant of probate.  Making sure your...

01 Mar

Posted at 15:01h in Commercial Law, General

Adelaide Franchise Lawyers - Muffin Break backlash for unpaid work Buying a franchise can be a highly rewarding venture both personally and financially. However, as we have seen in a recent incident with Muffin Break, there are a number of important factors that must be considered before signing on the dotted line. In an interview with Muffin Break’s General Manager Natalie Brennan that was posted over the weekend on www.news.com.au, comments that she made regarding Millennials and unpaid work were released. These comments have gone viral, receiving significant backlash from the community. When you buy into a franchise, you are paying for the benefits that come with that brand. Unfortunately you are also exposed to any negative publicity or other risks that the brand incurs. It is important to consider that if you want to sell a profitable business, and there is negative publicity which you have not caused, you may still have issues. We recommend buyers to research the brand, talk to current franchisees, and seek professional advice. Existing franchisees who experience negative publicity should also seek advice as to strategies to mitigate that risk and the legal options available to you. For any advice or assistance in relation to franchising, speak to one...

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