What to do if a Trust is no longer needed

What to do if a Trust is no longer needed

“If it becomes clear that a trust is no longer needed or desirable, the trust can be wound up. For instance when administration costs are too high in relation to the recognised benefits. Also, if the purpose of setting up a trust in the first place was to protect...
Managing your assets in a Trust

Managing your assets in a Trust

A trust is a legally binding arrangement when a person (the settlor) transfers legal ownership of assets to certain chosen persons (trustees) to be held for the benefit of other persons named by the settlor (the beneficiaries). If your family home is in a trust, for...
Buying a Business?

Buying a Business?

As this is going to be your livelihood, you’ll need to know exactly what you’re getting into. Paula Lines and her team at The Law Shop provide expert legal advice on all of the aspects of purchasing a business, from the purchase agreement to the lease, so you can...
Deed of Delegation

Deed of Delegation

“It’s very much like the EPA, but it’s a different document. This is the one you need for your business. If you’re overseas, become incapacitated, or if your business partner dies and you don’t have this deed sorted, you can count on major headaches. Costly...