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5 Things You Need to Know About Personal Law

  • 1Although LegalVision focuses on assisting small and medium businesses, we are conscious that business owners, operators and employees also need personal law assistance.
  • 2One area of law for business owners to focus on is structuring their will to ensure continuity for their business if they die. It’s also important to provide someone in your business, or someone who can step into your business, with a power of attorney to make decisions on behalf of the business if you are incapacitated.
  • 3Business owners and investors should consider owning their shares through a discretionary trust. Setting up a discretionary trust may reduce your risk as a director, provide discretion and flexibility for distributing income and provide tax benefits.
  • 4If you and your partner or spouse are involved in the business together, it’s important to agree in advance what you will do if one of you does not want to continue with the business. Working with a business lawyer up-front when you start the business, then an experienced family lawyer when you experience difficulties, may help resolve the situation more easily.
  • 5Finally, it can’t be avoided that some business owners may need to declare themselves bankrupt, or that their business will become insolvent. An insolvency lawyer can assist you to find a path out of insolvency, or get the assistance that you need to wind up the business in an orderly manner. It’s important to get help early to address issues as soon as possible.

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Our Awards

  •  Top 20 Startups in Australia - 2018 LinkedIn Startups List Top 20 Startups in Australia - 2018 LinkedIn Startups List
  • NewLaw Firm of the Year Finalist – 2018 Australian Law Awards NewLaw Firm of the Year Finalist – 2018 Australian Law Awards
  • Law Firm of the Year Finalist – 2018 Australasian Law Awards Law Firm of the Year Finalist – 2018 Australasian Law Awards
  • AFR Fast 100 List – 2018 Australian Financial Review AFR Fast 100 List – 2018 Australian Financial Review
  • NewLaw Firm of the Year – 2017 Australian Law Awards NewLaw Firm of the Year – 2017 Australian Law Awards
  • Customer Service Experience of the Year – 2017 Optus My Business Awards Customer Service Experience of the Year – 2017 Optus My Business Awards

Privacy Policy Snapshot

We collect and store information about you. Let us explain why we do this.

What information do you collect?

We collect a range of data about you, including your contact details, legal issues and data on how you use our website.

How do you collect information?

We collect information over the phone, by email and through our website.

What do you do with this information?

We store and use your information to deliver you better legal services. This mostly involves communicating with you, marketing to you and occasionally sharing your information with our partners.

How do I contact you?

You can always see what data you’ve stored with us.

Questions, comments or complaints? Reach out on 1300 544 755 or email us at info@legalvision.com.au

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