News & Updates
Wills and Estate Planning
A Will is a legally binding document that outlines someone’s wishes in relation to the distribution of assets after they pass away. In some circumstances, family members or other dependents of a deceased person believe they have the right to contest a Will and in some cases they may be legally able to do so. […]
Corporate, Business & Commerical Law
When you restructure, you review and update the way a company is operated, managed and even owned. Doing so has the potential to restore efficiency, profits and competitiveness. A business may also restructure in order to grow or change direction. It can be a catalyst for positive change, especially when executed with a clear understanding […]
Wills and Estate Planning
Investing in cryptocurrency has become increasingly popular in recent years and some savvy individuals have been able to use this new strategy to grow their wealth. If you have been active in this area, it’s important to include your crypto assets in your Will. Your legal team and beneficiaries need to be aware of your […]
Wills and Estate Planning
It happens quite a lot; someone passes away and their loved ones are called on to help execute the Will and estate plan. Then the question arises: Where are all the relevant records and documents? While making a formal Will and estate plan is important, you also need to make sure they are easy to […]
Wills and Estate Planning
Estate planning is a crucial part of preparing for the future, and one of the key components is considering how any property you own or are paying off should be factored into your Will. As estate planning lawyers, we frequently help individuals and couples to ensure their home is either retained by the right people […]
Wills and Estate Planning
Settling the estate of a deceased person is made so much easier when there is a legal Will, but there are unfortunately still problems that can throw a spanner in the works. One issue that can greatly complicate things is if the executor of the Will dies or is incapacitated. Not having an executor can […]
Wills and Estate Planning
It’s not a secret that getting divorced is a stressful and emotional time. While the priority that most people deal with is the division of assets, it is also important to update your Will. You want to make sure that your assets go to the people you care about in the event of your death […]
Wills and Estate Planning
This article explains what happens when a member of a self-managed super fund passes away, and how the trustee is involved with distributing money to beneficiaries. What happens when an SMSF member dies? If someone who has a self managed super fund dies, the money in the fund will be passed to someone else. It […]
Corporate, Business & Commerical Law
This is a case that has piqued interest from a lot of people. In multiple proceedings handed down in August, the Federal Court held that nearly all deductions amounting to several million dollars claimed by three entities controlled by one individual should not be allowed. This is a case referred to as Melbourne Corporation of […]
Wills and Estate Planning
One of the biggest decisions when you prepare a Will is deciding who will be the executor. This role is a big responsibility, and the decision shouldn’t be taken lightly. To help you nominate the right person, here’s a rundown of what a Will executor’s tasks include. What do executors of Wills do? The executor […]
Wills and Estate Planning
The reason many people fail to create a legally binding Will is that they don’t know where to begin. Yes, you can use a basic kit but you are likely to end up with ‘holes’ that leave your family feeling confused and with a potential dispute on their hands. To prepare a thorough Will, it […]
Bankruptcy, Insolvency & Restructuring
If you run a business of any size, it’s vital you understand what a director penalty notice (DPN) is and how to deal with one. Here is an explainer, as shared by a Gold Coast Business Lawyer. What is a Director Penalty Notice (DPN)? A director penalty notice is issued by the Australian Taxation Office […]
Tax and Asset Protection
If you have worked hard on your business for many years, you are likely to have a plan to sell it at some stage. One question we are often asked about at Crest is how tax applies on the sale of a business. There isn’t a black and white answer, but this article will give […]
Bankruptcy, Insolvency & Restructuring
In these rapidly evolving times, demand from consumers is shifting, product availability has changed, and costs are becoming unmanageable for many businesses. If your company is experiencing financial trouble and you can’t see a simple way out, it may be time to explore insolvency. Many business owners assume that becoming insolvent means liquidating. When this […]
Bankruptcy, Insolvency & Restructuring
The term insolvency describes the situation where an individual or business cannot pay bills when they are due. Take a look at some of the options and steps involved with the insolvency process if you are a business. How do you know if you are insolvent? The signs you are insolvent are: If the number […]
Corporate, Business & Commerical Law
You may have a unique business that stands out from the crowd but if you don’t take the steps to trademark you may end up with a situation where a competitor copies your logo, name or tagline. This will undo a lot of hard work and can even lead to expensive legal issues. Trademarking can […]
Wills and Estate Planning
It is always a difficult time when a relative or loved one passes away but emotions can be heightened when there is a dispute over the Will. If someone close to you has died and you believe the Will to be unfair, there may be legal steps you can take to claim money or assets […]
Bankruptcy, Insolvency & Restructuring
The last few years have been tricky for many businesses due to COVID and it’s understandable that many organisations have fallen behind on their tax payments. However, with the severe impacts of COVID diminishing, the Australian Tax Office is taking steps to start reducing the many billions (yes, billions) of dollars in tax debt. It […]
Bankruptcy, Insolvency & Restructuring
With prices rising and many of the COVID safety nets being removed, some businesses are slipping into the red. If you’re a supplier, this may mean you have a number of overdue accounts. At some stage, you are going to need to chase the funds. There are a number of debt recovery options available to […]
Bankruptcy, Insolvency & Restructuring
The whole purpose of operating a company is to make money. However, with so many moving parts and money coming and going at different rates, it can be very easy to end up with an unmanageable amount of debt. A business that has reached a point where it is experiencing significant financial trouble may have […]
Bankruptcy, Insolvency & Restructuring
Anyone can start a business in Australia, which is a positive thing because businesses present incredible opportunities to make money and create jobs for others. However, starting and operating a business can be complicated. Many people find they have bitten off more than they can chew, especially when it comes to paying taxes. If you […]
Bankruptcy, Insolvency & Restructuring
Things don’t always go according to plan, which the last couple of years have proven for many people. Sometimes, despite all your best efforts and intentions, your financial situation can spiral out of control, leaving you facing bankruptcy. If you have significant debt and are considering declaring bankruptcy, here are some quick facts you need […]
Bankruptcy, Insolvency & Restructuring
There’s no denying we live in turbulent times. As a result, many businesses find themselves facing insolvency, despite doing everything ‘right’. If you’ve had money difficulties but want to hold on to your business and feel like there is hope for a positive outcome, one solution can be to press ‘pause’ and get help to […]
Family Law
The end of a marriage or long-term partnership involves a great deal of upheaval. While making a divorce official is simple in a legal sense, the stress usually comes from dividing your belongings, figuring out financial support and deciding how to care for your children (if you have them). Some couples can’t reach an agreement […]
Family Law
Buying real estate, can be an incredibly exciting process, particularly the first time around. If you’re intending to do so with a partner, it’s just as momentous and signifies a big step in the relationship, as you plan towards a happy future together. Buying property is the biggest purchase many Australians will ever make. So, […]
Defamation
There’s no denying that social media connects us, informs us and of course, entertains us. What was originally used by individuals for personal use has now expanded to use by businesses to advertise – and often with great results. However, social media should always be used with caution. You probably know about stranger danger already, […]
Litigation / Dispute resolution
To ‘cease’ is to stop an activity. The same definition is afforded to the term ‘desist,’ too. Telling a person to cease and desist is more than just empty words, when done so in a letter, it’s a cautionary notice and a legally enforceable order. Want to know more about cease and desist letters? Find […]
Property Law
An easement, in legal terms, refers to the right to cross or use somebody else’s land for a specified purpose. The term may present itself in the context of property buying, by which a property may be ‘benefited’ or ‘burdened’ by an easement. The owner of the burdened property continues to own their land, however […]
Tax and Asset Protection
The Australian Tax Office (ATO) has introduced a new way to make businesses act on their tax debts. Any business that has over $100,000 in tax debts will be receiving a letter from the ATO, if they haven’t already, compelling the company to make a firm effort to manage their debts within 28 days. Interested […]
Family Law
In August 2021, passing of a new law saw hope for parties within Australian family law proceedings in terms of disclosing superannuation. Want to know the latest news in Australian family law proceedings and what it all means? Read more from the Crest Lawyers team of Gold Coast family lawyers, to find out. Outlining the […]
Wills and Estate Planning
An enduring power of attorney allows a person to appoint people they trust (an attorney) to make decisions about their personal matters (including health) and/or financial matters. Deciding that appointing an enduring power of attorney, filling out and distributing the required forms can be a solemn, stressful process – but it doesn’t have to be. […]
Defamation
Social media definitely brings us together, but it can also tear us apart. You need only spend some time on one or two popular social media platforms to see ugly, inappropriate posts, comments and opinions. Failing to choose your words wisely can not only hurt others, it can also put you at risk of being […]
Family Law
Nobody enjoys separation – especially when there are children, shared money and assets involved. There are so many uncertainties, emotions and stress that can take its toll on potentially each impacted family member. Even more so if support is not asked for nor received. That’s why prioritising your mental health when dealing with family law […]
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