Sometimes we give people money with no expectation or desire to be repaid. Sometimes we wipe off a debt by saying we’ll just gift them the money they would have owed. In these cases, it’s a good idea to formalise the gift by signing a Deed of Gift.
This document is primarily for use in trust situations where a Settlor wishes to gift off either all or part of a debt owed by their Trust.
As a director of a company, your company cannot enter into a major transaction without a resolution from the shareholders to approve it.
A major transaction is any of the following three: 1) acquiring assets which are valued at more than half the value of the company’s current assets; or 2) getting rid of more than half of the value of the company’s assets; or 3) acquiring rights, interests, obligations, or liabilities valued at more than half the value of the company’s current assets.
Often in the rush to make an offer on a property, the purchasing entity is not fully thought through and an incorrect, or incomplete, purchaser is named on the Agreement for Sale and Purchase. A Deed of Nomination is used in these situations to ensure that all the necessary parties end up being named as purchaser.
Any time your trustees make a decision about your trust, it needs to be recorded in a set of resolutions. This document will create make generating your resolutions a breeze!
Nothing is more frustrating than people who don't pay what they owe. Sending a letter of demand gives you an easy way to get your money back; it is a formal letter to advise your customer that they need to pay their debt by a certain date or you will begin a formal debt collection process with a collection agency or lawyer. Normally it’s a good enough kick to get them moving without having to resort to a debt collector!
Many businesses wait until 90 days have passed before sending a formal Letter of Demand. It's common practice to send a 'friendly reminder' before sending a formal Letter of Demand.
It’s irritating having to deal with debt collectors, especially when you’re being pursued for a debt that you don’t agree with. A Letter of Denial is a formal way of responding to a lawyer or debt collector’s demand for payment. In this letter, you can contest the request for payment by outlining the issues you have with the debt.
Whether the debt you’re being chased for is related to you, your company, your trust or a personal guarantee you’ve given, this letter will be a suitable first step.
When someone is granted a power of attorney by someone else, it gives them the power to sign documents and enter into binding agreements on their behalf. When an attorney uses that power, they should use attach this certificate to confirm that their power is still valid.
While saying goodbye is hard, saying goodbye to your job can be, how should we put it ... less hard