Entries by Tanya Heslehurst

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Purchasing Property – Finance and Deposits

So, you’re looking at buying a new home which will inevitably be one of the biggest financial investments and emotional commitments that you will make. For those new to the property market and the conveyancing process, buying your home may seem overwhelming at times.

Our conveyancing team has put together this helpful 9-part guide that looks at the process involved when purchasing a property. Let’s get started with the first step, Finance and Deposit.

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The role of an Appointor in a Family Trust

The role of an Appointor in a Discretionary Trust Deed or Family Trust is important as they have the power to decide who the trustee is in the deed. We often come across trust deeds for clients who are not sure who the Appointor is. It’s vital that you find out who is the nominated person and ensure they are the correct person to hold this position. If there’s someone appointed in the role that you do not want in that position, they can potentially change the trustee without any authority of the current trustee and then potentially get control of that trust. It’s extremely important to review the trust deed or get advice to make sure the correct person is appointed. If we can offer any advice for your situation please get in touch.

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Do I need a Shareholders Agreement?

Do you have a shareholders agreement in place for your business?
Are you covered for events like insolvency, bankruptcy, or if a shareholder becomes incapacitated? Its important to cover yourself as unfortunately these things can happen. Camille explains what is a Shareholders Agreement and why you should have one in place.

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Make 2020 the year to sort your Estate Plan

Is one of your new year resolutions to get on top of your life admin? Do you have up to date estate planning documents? Australians are generally pretty good at making sure they have adequate insurances to cover circumstances relating to health, cars and property. However according to the NSW Government a staggering 45% of Australians do not have a valid will and for many that have one, the documents are out of date and do not reflect current wishes.

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Why we love working in Cronulla

Southern Waters Legal is conveniently located at the end of the Kingsway opposite North Cronulla Beach. We love the location and are lucky to have everything at our doorstep from
amazing sandy beaches to fabulous food and coffee. When we are not in the office supporting our clients these are our favourite spots in Cronulla.