What is a Shareholders Agreement in Western Australia? A shareholders’ agreement is a legally binding contract between the shareholders of a company. It governs ownership, control, funding, decision-making, and exit rights, and operates alongside the company constitution and the Corporations Act 2001 (Cth). A carefully
What is a Partnership Agreement? A partnership agreement is a legally binding contract between individuals carrying on business together without a company. It governs profit sharing, decision-making, liability, and exit rights. Partnership Agreement vs Shareholders Agreement If your business is run through a company, read
Power of Attorney vs Enduring Power of Attorney: Understanding the Difference A Power of Attorney or POA allows someone else to make financial and legal decisions on your behalf. You might be familiar with the concept, although many people do not realise there are different
Common Mistakes to Avoid When Making a Will A will is one of the most important legal documents you will ever prepare. A well-drafted will protects your intentions and reduces the risk of misunderstandings at an already difficult time. And yet up to 60% of
Four Reasons Why You Need a Will Creating a will is an essential aspect of financial planning, often overlooked but crucial for various reasons. In this post, we will explore four vital reasons why having a will is essential: it allows you to leave a
Estate Planning – Do it for your children How Does a Will and Estate Planning Protect Your Young Children? In Western Australia, Estate Planning and creating a will is not just about planning for your assets; it’s a crucial step in protecting your young children
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