The NSW Government recently released the Building and Construction Industry Security of Payment Regulation 2020, which will drastically change the way residential builders and homeowners resolve disputes about progress payments after 1 March 2021. For the first time, the SOPA regime will apply to residential construction contracts, with significant ramifications for both residential builders and home owners. This session unpacks the key reforms, including:
The current climate has brought into sharp focus the importance of force majeure and frustration clauses in construction contracts. This session looks at the main issues and includes:
Recent changes in drug charges and penalties in New South Wales are covered in this practical session. It includes:
In theory an EPA can provide an important protection for those who have lost decision-making ability. However, in practice, the handing over of such power can result in decisions and actions which ultimately impact on the estate of the appointor following death. In a similar vein, even where there is no EPA, what can be done about pre-death actions taken by close family members under apparent or perceived authority? This session explores what the courts can do in relation to such actions impacting the estate, including:
Business relationships are always fraught with risk, and now even more so during times of economic downturn. What protections are available to a supplier of goods or services against the risk of insolvency by a contracting party? This session will examine supply chain risks and how practitioners can assist their clients to minimise their risks of exposure to a contractor’s insolvency and voidable preference claims, including:
Recorded Webinar: Business Succession Planning – Protecting Your Retirement Nest Egg from the Taxman
Business owners are often too involved in the day-to-day operation of their businesses to give much thought to succession planning. Even where owners and their advisers have considered their exit strategies they seldom consider whether their plans are effective from a tax perspective. This session aims to outline the tax issues and possible concessions that practitioners need to be aware of when their clients are exiting their businesses. It covers:
At some point, all business owners will need to consider their departure from business life, whether it be by choice or by circumstance. This session explores some of the practical challenges that can arise in business succession planning and examines how they can be managed in a tax effective way. It covers:
Testamentary trusts provide a greater level of control over the management and distribution of assets to beneficiaries, but also bring with them complexity, inflexibility and ongoing cost. This session will look at the requirements of these trusts and the key considerations for determining their relevance to your client, including:
This session looks at management of SMSF funds when a member dies. The structure of the SMSF is important to avoid unnecessary complexity. This session looks at the key issues, including:
Construction and fit outs of commercial or retail premises is a significant investment. An agreement to enter a future lease has to be right, as much is at stake. This session looks at best practice agreements to lease including: