NEWS + BLOG
Essential Guide to Deceased Estate Administration: Key Steps Explained
As the Executor of a will, you are responsible for ensuring the estate is handled according to the deceased's wishes and in compliance with the law. This guide outlines the essential steps involved in administering an estate under Queensland law, ensuring that all obligations are met, and the estate is distributed fairly and lawfully.
The Rights and Obligations of Shareholders in Australia
Shareholders play a vital role in private companies in Australia. They provide capital, participate in key decisions, and contribute to the company’s strategic direction. However, their involvement is governed by a set of rights and duties designed to balance their interests with the company’s objectives. Understanding these rights and responsibilities is essential for building a successful and compliant business.
A Guide to Altering, Revoking & Updating a Will
Life is dynamic and circumstances change, so it pays to know how to update your Will effectively to reflect those changes in your life. With our quick guide to revoking, updating and altering a Will, you can better understand these legal processes in Queensland.
How to Provide for Your Pets in a Will
With over 69% of Australian households owning pets, it’s no surprise that many people want to ensure their ‘furbabies’ or beloved companions are cared for after they’re gone. We explore how to provide for pets in a Will, covering relevant legal considerations, practical tips, and different arrangement options.
What Is the Penalty for Breaking a Commercial Lease?
Learn common reasons businesses may need to break a lease, the financial and non-financial consequences involved, and strategies for mitigating penalties through negotiation and expert advice.
Off-the-Plan Purchase: Who Is Liable for New Home Defects?
Purchasing a property off the plan is an enticing prospect, but it also comes with potential risks — especially when it comes to construction defects. We take you through the steps you can take to mitigate risks when buying off the plan and outline your options if defects arise after the property is completed.
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Case Summary: Staley v Hill Family Holdings Pty Ltd [2024] QSC 176
We explore the complexities of trust disputes in the Supreme Court of Queensland's ruling in Staley v Hill Family Holdings [2024] QSC 176. This case highlights the challenges in interpreting trust deeds and the issues that arise from conflicts between trustees, Appointors, and potential beneficiaries.
10 Things New Entrepreneurs Should Know When Considering a Startup
Building a company from the ground up is undoubtedly exciting. But like any venture, it comes with financial and legal considerations that can significantly impact your team’s growth and success. Here are ten crucial things new entrepreneurs should know when considering a startup in Australia.
5 Reasons Mergers and Acquisitions Fail
Mergers and acquisitions are complex transactions that require stringent planning and execution. Despite the best intentions, many deals fall through due to various pitfalls. Understanding these common issues can help both buyers and sellers navigate the process more effectively. We explore key reasons why mergers and acquisitions fail.
The Legal Steps of Turning a Hobby into a Business
Whether you’re a seasoned artist or a self-taught maker, you must know that no specific dollar amount is required to operate a business in Australia. However, if you decide to turn your hobby into a business, there are several legal considerations you should keep in mind.
Buying Property with a Friend? Here’s How to Do It Lawfully
If you have been renting a house or apartment with a friend and you get along well, you might have wondered about joining forces to co-own a property with them. That sounds like a solid idea, but entering into a co-ownership agreement requires carefully evaluating the distribution of costs and ownership.
Who Can Contest a Will in Queensland?
Navigating the intricacies of wills and estate disputes in Queensland requires a clear understanding of the legal framework and your rights as a potential claimant or beneficiary. We explore the grounds for challenging a will, eligibility criteria for claimants, timelines for legal action, and the pivotal role of legal advice in protecting your interests.
Prioritising the Protection of Vulnerable Beneficiaries in Estate Planning
Having vulnerable loved ones can be worrisome, especially when considering how they would cope in your absence. Through careful estate planning, you can ensure they are well-protected and properly cared for both financially and physically.
International Womens Day 2024 – Inspire Inclusion
This International Womens Day 2024, we hear from some of the amazing women at Bradley & Bray Lawyers, on what it means to #inspireinclusion
E-Commerce Businesses: Secure Your Online Shop
Explore our comprehensive guide on securing your online shop in the dynamic world of e-commerce. From navigating consumer privacy and data protection laws to ensuring product safety and crafting robust contracts, our blog covers essential legal issues. Learn practical tips to mitigate risks and build a thriving e-commerce business. Contact Bradley and Bray for expert legal assistance tailored to your unique needs at (07) 5441-1400.
What is a Bequest in a Will?
In the world of wills, understanding what a bequest is holds significant importance. For individuals, a bequest is a tool that lets them determine what happens to their assets after they pass away. We help you understand the essentials of bequests — defining what they are, understanding their impact, and realising their importance in estate planning. A bequest is more than a strategic decision; it reflects a deliberate plan, empowering individuals to decide who inherits their property.
Can a Shareholders’ Agreement Be Amended?
If your company has more than one shareholder, you must consider drafting a shareholders’ agreement to protect your interests and those of your shareholders. While it is not required by law, it’s best practice to have it to outline the rights, responsibilities, and relationships of shareholders, directors & company board members. With this legally binding contract, potential disputes and conflicts among investors can be better handled. But as your company grows over time, another critical question will likely be raised: can a shareholders’ agreement be amended?
What Is the Difference Between a Conveyancer and a Conveyancing Lawyer or Solicitor?
You have gone to numerous property viewings and participated in multiple auctions — and now, you have finally secured your first home. This moment marks a milestone in your life but also prompts an essential question: who do you need to facilitate the property transfer?
Can You Walk Away from a Home Purchase Contract If The Property Has Unapproved Structures?
Purchasing a home typically brings a sense of joy and anticipation. Yet, this excitement can swiftly shift to concern when you uncover unapproved structures on the property, such as an unexpected granny flat or a carport. The prospect of having to dismantle these additions post-settlement is not only inconvenient, but quite possibly expensive as well. It therefore raises an important question: Can you walk away from a property purchase contract in such situations? We help explain your rights as a homebuyer in Queensland and guide you on whether you can back out of a house sale.
Can You Sell a Business with Pending Litigation?
If you are a business owner, selling a business with pending litigation may be complex. With appropriate disclosure, communication, planning, and legal guidance, it may be possible to sell a business with pending litigation.
Discover the types of common commercial litigation business owners may encounter, and your responsibilities when looking to exit during a claim.
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