When can you benefit other people under an Enduring Power of Attorney?

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.

How to really protect your business name

How to really protect your business name (C) 20230302 Unsplash

Most people believe that registering a business name means they own that business name – this is not the case in Australia. To obtain the exclusive right to use your business name, you need to register it as a trademark or prove that you hold a trademark at common law.

Limiting liability is not enough – you also need asset protection

Limiting liability is not enough - you also need asset protection

New business owners are often told to operate their enterprises through a ‘proprietary limited company’ to cap their liability if something goes wrong. This is good advice, but it is nowhere near the end of the story. You also need to protect your assets. How does a proprietary limited company work? A proprietary limited company […]

Will the SA Land Tax changes affect my parents’ pension?

Will the SA Land Tax changes affect my parents’ pension?

Budget Update Notice: The 2026/27 Federal Budget contains proposals that may affect the information in this article. As at the date of this notice, these are proposed measures and have not yet passed into law. We are reviewing and updating our content as the legislative process progresses. If you are making a decision based on […]

How to pass on your farm

How to pass on your farm

How does an older farmer exit farming, fund their retirement and keep the family happy? The average age of a farmer in Australia is 50 years old. If you are a farmer and haven’t yet thought about your retirement and succession plan, now is the time. Handing over control of the farm in exchange for […]