When can you benefit other people under an Enduring Power of Attorney?
An enduring power of attorney has the power to make a lot of decisions. However, without good planning, they may still not be able to do what you intend them to do. For example, if you appoint your spouse as your enduring attorney they will not be able to do anything that benefits themselves. Find out how to avoid these pitfalls.
What is a ‘Sweat Equity Agreement’, and when would you use one?
A Sweat Equity Agreement is an agreement between a business and someone providing services, whereby the service provider agrees to take equity in the business, rather than cash. Sounds simple? The devil is in the detail…