Welcome to our May E-News!
In this issue, you can learn more about:
Power of Attorney Abuse
Granting a Power of Attorney is an effective way to appoint somebody you trust to manage your legal and financial - and, in some jurisdictions (including Queensland) health and lifestyle, affairs for a limited time, or indefinitely, if you become incapacitated.
Contractual obligations in the wake of COVID-19
The coronavirus (COVID-19) presents numerous challenges for individuals and businesses, amongst them, the legal rights and responsibilities under existing contracts during a pandemic such as this. Parties to a contract that are facing difficulties in meeting their obligations may be anxious about their legal position in such circumstances.
‘Secret’ relationships, and not having a Will
Disputes over a deceased’s estate are complex, emotionally draining and may risk depleting assets that would otherwise be available for distribution to beneficiaries. This is why having a valid Will and a Binding Death Benefit Nomination (BDBN) makes good sense.
Tenants gain relief under new COVID-19 commercial leasing principles
The Federal Government has released the much-anticipated mandatory Code of Conduct - SME commercial leasing principles during COVID-19, which provide significant assistance for commercial tenants but may prove onerous to landlords. The Code of Conduct will be implemented via State legislation, to assist tenants who are suffering financial stress or hardship due to the COVID-19 pandemic and who are eligible businesses with an annual turnover off up to $50 million for the purpose of the Commonwealth Government’s JobKeeper program.