Not a Good Option

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...

PIC a horse, any horse

Did you know that anyone who keeps horses in NSW is required to obtain a Property Identification Code (“PIC”) for the land on which the horses are kept? The requirement to have a PIC has been around for some time for livestock owners, whether the livestock...

Beware of Isolated Transactions

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...

Brewing Trouble

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....

Options and Hidden Tax Stings

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...