Publications and News

A Broken Marriage and a Hefty Tax Bill

11 May 2018

You’ve been acting for your sister Ana in relation to the breakdown of her marriage to Chris. Ana has been cheating on Chris pretty much since they were married. You suspect Chris knew about it deep down, everyone else did, but pretended he didn’t to keep the family together. But he’d finally had enough and decided to leave her. Continue Reading..

Quit Horsing About

9 March 2018

You act for Bill and Jo Smith on the sale of their 20 acre property in Bourke known as "Racecourse Road" which is well known in the town for breeding and selling race horses. It also holds local races every couple of months. Bill and Jo also own other adjoining property and have been capturing and selling goats, the meat of which is exported to the Middle East. Continue Reading..

Accountants and lawyers: Friends or adversaries?

6 February 2018

This article was published in this month's edition of the Law Society Journal of NSW.

You can’t stand Harvey. He’s an accountant in the same suburb, and you have some mutual clients. Harvey is rude, arrogant and full of a sense of his own importance. He has little respect for lawyers generally and seems to think himself superior to you. In the past you have lost clients because Harvey has said bad things about you. Continue Reading..

Asking for the right advice

2 January 2018

It’s Friday morning and you settle into work for the day hoping to catch up on some matters as Friday’s are usually pretty quiet. Continue Reading..

Marriage Breakdown Problems

2 November 2017

This article was published in this month's edition of the Law Society Journal of NSW.

You are acting for Jeremy in relation to the breakdown of his marriage with Chloe. Jeremy tells you that he and Chloe have reached a property agreement with the assistance of a mediator.  Continue Reading..

Not a Good Option

19 October 2017

You’ve acted for an old friend Shirley for a very long time. You are aware that she has two sons, Bob and Barry and a daughter Billy whom you have never met or know much about. Bob had a horse riding accident some years ago and acquired a severe back injury that resulted in him losing his job and turned to drinking.  Continue Reading..

Beware of Isolated Transactions and GST

12 September 2017

Your ex-partner, Antonio, contacts you late Wednesday afternoon asking you to act for him in relation to selling a shop down the main street of the small coastal town you live in. You are thrilled to receive the call. You parted on reasonably good terms but haven’t heard from him in a long time and you were always secretly hoping you might re-kindle the flame. Eager to please Antonio, you stay back late to draft the contract so it is ready for him to sign in the morning.  Continue Reading..

Brewing Trouble

3 August 2017

Jane and James have been clients of yours for the last ten years. You enjoy working with them because they seem quite an adventurous couple, so you are thrilled when James calls you to say he would like to meet up with you to discuss his new business idea.James tells you that he and some of his mates are going to set up a brewery in their local town and that he will become the director of the new company which is going to run the operation. James and Jane are concerned about James’ personal liability and think it’s wise for James to retire as trustee of their family trust. You are familiar with their trust; it owns several units at the coast and Jane and James, along with Jane’s father, are the trustees, and the beneficiaries are Jane, James, their children and Jane’s father.  Continue Reading..

Options and Hidden Tax Stings

5 July 2017

Snapshot

  • Options are always tricky.
  • What applies to GST does not necessarily apply to CGT.
  • Assumptions can be very dangerous.
Options and hidden tax stings

 Tony comes to see you about a 'too good to refuse' offer he has received from a developer – $5 million GST inclusive for a property he bought for $5,000 in 1970. Continue Reading..

Take Care if you Declare

7 June 2017

It is first thing on Tuesday morning when you receive a call from your client Lachlan who wants you to review an auction contract for a farm that has come up for sale next to his. The auction is scheduled for that afternoon so Lachlan, as he always does, has really left things until the last minute. You had a terrible night’s sleep after a big blue with your husband about his spendthrift ways, and aren’t feeling all that sharp, but you have the time to review the contract. Lachlan also wants you to attend the auction with him.  Continue Reading..

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