Many clients who simply own their home and superannuation, but don’t have other complex business assets or investments, wrongly think that they can’t benefit from a more sophisticated Will – that is a big mistake!
Western Australia’s parliament has reacted by clearing the way for industrial manslaughter laws which will enforce a maximum penalty of 20 years’ imprisonment for workplace deaths.
The new Commercial Tenancies (COVID-19 Response) Regulations provide a framework for compulsory rent relief for commercial tenants who have been impacted by reduced turnover and business closures during the COVID-19 emergency.
Eligible tenants may be able to request and receive rent relief from their landlord, by following the procedures set out in the Regulations. It is important that both tenants and landlords know their rights and obligations under the Regulations, when negotiating any reduced rent under their lease.
If you die without making a Will (‘intestate’), your assets, including your personal belongings, will be distributed according to law. This could mean that the people you most want to benefit from your estate might not get anything at all. Also, it may take longer and cost more to administer your Estate. Keep reading for why we recommend you have a will.
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