Unfortunately we have experienced matters where people have separated but were not divorced from their ex-partners and had then passed away. In these cases they had not updated their Will which left their assets to the person they had recently separated from. It is fair to assume that you would not like to leave everything you own to the person you are no longer with. Another unfortunate circumstance we have assisted with is where a person has passed away without a Will, having left a new partner and a previous partner they were yet to divorce from. In these cases the law says the deceased’s assets are divided equally between their new partner and the ex-partner. As you can see, it is vital that you update or prepare a Will with Caldwell Martin Cox Solicitors should you separate from your partner.
Directors’ duties in NSW: what small business owners need to know
If you run a small company in New South Wales and sit (or plan to sit) on the board, it’s vital to understand that directors’ duties are serious legal obligations — mostly set out in the Corporations Act 2001 (Cth) and enforced by the Australian Securities &...
