Latest News  
MPL Acquires Batemans Legal Practice
25/06/2010
Following Mr Bateman's decision to retire from the practice of law, McDonald Pynt Lawyers has recently acquired Mr Bateman's practice.
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Directors use of EPA's
27/05/2010
A company director cannot use an Enduring Power of Attorney or a standard Power of Attorney for the purposes of appointing someone to execute documents on behalf of the company because the role of a director is one of the few things you can't delegate: see Mancini v Mancini [1999] NSWSC 799 (6 August 1999). The office of a director is a personal responsibility, and can only be discharged by the person who holds the office.
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Registering Leases
20/04/2010
Did you know that if your Lease is not registered or caveated a new owner of the premises may be able to evict you? The importance of registering your lease or protecting the lease by lodgement of a caveat for commercial or retail leases has again been emphasised by a recent decision of Lighting by Design Pty Ltd -v- Cannington Nominees Pty Ltd. The case has highlighted the provisions of Section 68 of the Transfer of Land Act which provides that a lease for greater than 5 years or any option in the lease is not binding upon a purchaser of the property unless the lease is registered or caveated.
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What is personal property?
16/04/2010
Personal property is any form of property that is not land or buildings.
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Implementation of the Personal Property Securities
16/04/2010
On 2 July 2009, the Council of Australian Governments (COAG) agreed that PPS Reform should be implemented in May 2011.
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Bamford v FCT on Trust Deeds
7/04/2010
IMPLICATIONS OF FCT v BAMFORD; BAMFORD v FCT [2010] ON TRUST DISTRIBUTIONS High Court dismisses appeals from the decision of Full Federal Court in Bamford
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New Legislation: Future Medical Treatment
25/03/2010
As from 16 February new legislation applies in Western Australia creating an Advance Health Directives (AHD).
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New Legislation: Enduring Power of Guardianship
25/03/2010
Recent changes in the Guardianship Act mean you can now prepare an Enduring Power of Guardianship (EPG).
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Taxation Law Advice
29/01/2010
Joseph Santhosh is an experienced Taxation Lawyer and a Certified Practising Accountant with significant taxation and corporate/commercial law experience gained in both Melbourne and Perth legal practices. Joseph offers all clients - Free first consultation (limit of half an hour);
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Implications of Bamford on Trust Distributions
18/11/2009
On 3 November 2009, the High Court of Australia granted both the taxpayer and the Commissioner leave to appeal from the decision of the Full Federal Court of Australia in Bamford v FCT [2009] FCAFC 66 (Federal Court, Full Court, Emmett, Stone & Perram JJ, 3 June 2009) (“Bamford”).
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What is a Testamentary Discretionary Trust?
23/09/2009
A Testamentary Discretionary Trust (‘TDT’) is a trust created by a Will that only comes into existence when the Will Maker dies.
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Bankruptcy - a creditor's guide to chasing assets
23/09/2009
A recent Federal Court decision provides a good example of how the trustee in bankruptcy can examine transactions prior to a persons estate being made bankrupt, in circumstances where significant property is disposed of in an attempt to shield assets from creditors.
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Unlisted Unit Trusts and Landholder Duty
23/09/2009
Since the introduction of the new Duties Act (WA) in 2008 (“the Act”), we have received a lot of queries about what the duty implications are if the unit holders are not identifiable when a unit trust is set up.
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10 Reasons why you should have a Will
27/03/2009
We’ve put together a list of 10 reasons why you should have professionally prepared Will
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Alternate Director - just another Director?
24/02/2009
Did you know an Alternate Director owes the same duties as other Directors?
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Testamentary Discretionary Trusts
6/02/2009
By including a broad range of potential beneficiaries for the TDT, under current taxation laws the Trustee of the trust can distribute trust income tax effectively. The Trustee decides the amounts to be distributed, the timing of the distributions and to whom income is distributed
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  Latest News  
 
MPL Acquires Batemans Legal Practice
25/06/2010
Following Mr Bateman's decision to retire from the practice of law, McDonald Pynt Lawyers has recently acquired Mr Bateman's practice.
Read more...
Directors use of EPA's
27/05/2010
A company director cannot use an Enduring Power of Attorney or a standard Power of Attorney for the purposes of appointing someone to execute documents on behalf of the company because the role of a director is one of the few things you can't delegate: see Mancini v Mancini [1999] NSWSC 799 (6 August 1999). The office of a director is a personal responsibility, and can only be discharged by the person who holds the office.
Read more...
 
     

 

 

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