Real Time Law in Gold Coast, Queensland | Estate planning solicitor

Real Time Law

Locality: Gold Coast, Queensland

Phone: +61 404 377 422

Address: Suite 20 Level 2 42 Bundall Road, Bundall 4217 Gold Coast, QLD, Australia

Website: http://www.realtimelaw.com.au

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• Estate planning solicitor
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25.01.2022 An excellent family lawyer doing great work in the community

24.01.2022 That anti-theft or child monitoring app you download may allow people to spy on you....

24.01.2022 Looking forward to discussing Testamentary Discretionary Trusts today at BNI Platinum this morning

23.01.2022 Have you been burnt from trusting people in business by not having a written contract? Don’t get burnt twice! That’s insanity right! Have you entered into a business relationship based purely on trust? And then the other person betrays your trust? Entering into a commercial relationship without a written contract exposes you to an unnecessary degree of risk. Trust can be eroded quickly and unwritten agreements are costly and difficult to enforce. Regularly we advise clients w...ho have relied purely on trust and are left grasping at thin air when trust evaporates. We advise clients on a wide variety of contracts including leases, franchises, business transactions, corporate structures, supply agreements for products/services and shareholder agreements. We have also been asked to assist clients to fix problems caused by failing to enter into a written agreement or failing to obtain legal advice on a contract. One important tip is to understand the entity that you are starting a business relationship. Confirm who you are doing business with and spend time doing your due diligence. Our clients span a variety of industries and are small to medium sized businesses. All these clients have one thing in common. They all value our practical and personal solutions. Our aim is to simplify and demystify. In a business environment which is getting increasingly more challenging our aim is to protect you and your business. If you would like some assistance then contact Rhys for a free initial consultation on 0404 377 422 or email [email protected].

23.01.2022 Great to meet the Livingstone Christian College community at the Spring Fair yesterday. Thanks Jodie Broad for promoting the release of Little Lotus from the R...eal Time Law stall. Little Lotus is a lowland mountain gorilla being kept in a cage inside a shopping mall zoo in Bangkok Thailand. Little Lotus has been kept there for 30 years without interaction and mental stimulation. Thanks to all the kids who wrote letters to the shopping mall owner asking for release of this beautiful primate. Join this cause if you wish to help: https://m.facebook.com/SaveGorillaLittleLotus/ See more

22.01.2022 If you haven't tried these AMAZING whole food powdered products now is the chance! Just add the powder to supplement the flavour and nutrition of your meal. The Broccoli and Beetroot powders are fantastic! Flash sale today only. Great to see clients producing quality products!

20.01.2022 https://www.artofdyingwell.org/

20.01.2022 A great article for anyone thinking about franchises..

19.01.2022 Is your commercial rent due and you can’t afford to pay it? After you have registered for JobKeeper, then you will need to request rent relief from your commercial landlord under the new Mandatory Code for commercial leasing. You will need a confidentiality agreement to protect the information your landlord will require you to provide. You will also need to negotiate amendments to your lease to include the terms of rent reductions/deferrals and address the return to more normal business as restrictions are scaled back. The new Mandatory Code provides an ability to re-negotiate lease terms during the pandemic period. If you require assistance communicating with your landlord or recording your amended lease terms then please contact us for a free consultation. Email [email protected] to make a request for a scheduled conference call.

19.01.2022 Great to be part of this exciting business community #golocal4212!

18.01.2022 An interesting article on relationships from a compassionate family lawyer

18.01.2022 Are you starting a new joint venture? If you are creating a new business venture with a friend or partner then recording agreed principles and obligations is important to protect your investment. Real Time Law is offering a free discussion paper to assist guide you to promote good governance and business practice. Use your time wisely to ensure you both stay on the same path to maximise revenue and avoid future financial loss. Email [email protected] and request a discussion paper or call 0404 377 422.

17.01.2022 Commercial tenants will need to assess the financial effect on their business due to Corona Virus and social distancing measures before negotiating favourable dispensation from their landlords under a new industry code being developed. Prime Minister Scott Morrison has given an update following a meeting of National Cabinet, saying it was "close" to reaching an agreement for how affected commercial tenants and their landlords can get through the economic crisis caused by cor...onavirus. He said an industry code, to apply to commercial tenants who are eligible for the JobKeeper program, was being worked on but had not got to the point where the National Cabinet was prepared to sign off on it. Landlords are being encouraged to act in good faith when neginitiating with tenants and to seek assistance from their financiers. If you need assistance in this area call Rhys on 0404 377 422 or email [email protected] to discuss how to best position your business.

17.01.2022 If you DONT have a WILL come tomorrow night -Wednesday 22 November @ 7pm Rec Club 1 Coomera Waters Village High Crescent

16.01.2022 The Liberal National Party has responded with a more balanced approach to residential tenancies and the relief available during the COVID-19 crisis. Let's hope common sense prevails.

14.01.2022 Support a local farmer..Go for a drive to Freemans Organic Farm in the Currumbin Valley this weekend

14.01.2022 COVID 19 Restrictions on Funerals in Queensland lifted to 10 people.

12.01.2022 Support a family owned and operated funeral home based in South East Queensland

11.01.2022 Get your Life Plan in order by creating a Will & Enduring Power of Attorney & Death Nomination Now more than ever is the time to appreciate our lives and cherish our loved ones. A time to strengthen relationships in times of adversity. A time to plan our future more carefully. A time to contemplate what life might be like for our loved ones when we aren't here. A time to put together a plan to make their lives easier. Putting an effective Life Plan in place will provide you ...greater clarity and purpose. It will help you accept the future and plan for it leaving you to live your life certain of how your loved one's future will look. This clarity will provide focus, thus empowering and energising your forward actions. In Queensland an effective Life Plan includes several key components: 1. Your Will 2. Your Enduring Power of Attorney 3. Your Death Nomination to your superannuation fund trustees 4. Directions to your executors and guardians on distributions and arrangements for your funeral and family. Additional documents may be necessary like a corporate power of attorney or an advance health directive. An effective Life Plan will give you and your loved ones a stable framework for the future. A future empowered by a Life Plan which meets your specific needs. If you would like to put an effective Life Plan in place please contact me on 0404 377422 or email [email protected] We offer payment plans to put your Life Plan in place, for a fixed fee.

11.01.2022 A timely scam warning...Thanks TJN Accountants!

09.01.2022 Our first FREE Community Information Session "Your Will: Is YOUR family protected?" was a resounding success last night. Thank you to all who attended! It was fantastic to meet some new faces. It was also great to see some of the people I normally see in active wear with real clothes on for a change. BIG Thank you to Kylee from Kendall Fitness & Health for promoting this event. Stay tuned for more FREE Community Information Sessions.

08.01.2022 Looking forward to this Friday morning more than ever!!

08.01.2022 The Queensland State government appears to have overacted to COVID 19 with new Residential Tenancy Laws set to be introduced next week. If you object to these proposed law changes then email your objection to the Premier: https://www.thepremier.qld.gov.au/tools/contact.aspx

08.01.2022 Your signature is your key asset: Don't give it away! Have you been given a contract to sign & just signed it? By signing an agreement without obtaining experienced legal advice you are potentially exposing yourself to significant personal and financial risks which can lead to potentially disastrous consequences. ... Regularly we advise clients who have either signed an agreement without reading and fully understanding the implications or to assist clients who have relied purely on trust and are left grasping at thin air. We advise clients on a wide variety of contracts including leases, franchises, business transactions, corporate structures, supply agreements for products and services and shareholder agreements. One important tip is to understand the entity that you are starting a business relationship. Confirm who you are doing business with and spend time doing your due diligence. Our clients span a variety of industries and are small to medium sized businesses. All these clients have one thing in common. They all value our practical and personal solutions. Our aim is to simplify and demystify. In a business environment which is getting increasingly more challenging our aim is to protect you and your business. If you would like some assistance then contact Rhys for a free initial consultation on 0404 377 422 or email [email protected].

08.01.2022 Estate planning strategies with a fictional character was fun. But I much prefer helping real people in real life situations by developing real solutions! In real-time!

07.01.2022 COVID 19 - Mandatory Code promotes good faith negotiations Have COVID 19 restrictions caused a significant impact on your business or premises? If so then it is critical you apply the National Cabinet’s Mandatory Code of Conduct SME Leasing Principles. The Mandatory Code allows commercial tenants to survive the COVID-19 period and operate sustainably in a reduced capacity or ‘hibernate’ completely until restrictions are scaled back. The application of the Code also allow...s commercial landlords to seek reduction in the payment of loan funds to financiers. The principles of the Mandatory Code include that: commercial landlords must not terminate leases for non-payment of rent during the COVID-19 pandemic (or reasonable recovery period) commercial tenants must stay committed to their lease terms (subject to amendments) commercial landlords must offer reductions in rent (as waivers or deferrals) based on the tenant’s reduction in trade during COVID-19 benefits that owners get for their commercial properties (e.g. reduced charges, land tax, deferred loan payments) should be passed on to the tenant (in the appropriate proportion) For a free copy of our Guide to the Mandatory Code or a copy of the Code please contract either Rhys Evans on [email protected] or Jacob Chester on [email protected] or call 0404 377 422. Real Time Law offers a free initial consult to both commercial tenants and landlords on how to best position themselves to maximise the benefits available and to record agreed amendments to lease terms.

05.01.2022 Investors in Bitcoin should read this article

05.01.2022 Taking a non-traditional approach to your Estate Plan can save thousands! Traditional Wills are becoming an increasingly ineffective estate planning tool. A Will with a TDT can save your family thousands of dollars & minimise risks of claims. A Will with a Testamentary Discretionary Trust (TDT) is a flexible estate planning tool suitable to meet the needs of clients in our challenging modern social landscape. The traditional will with its rigid structure of gifts still has a... place but does not offer the same degree of flexibility as the Will with a TDT. You should consider a Will with a Testamentary Discretionary Trust (TDT) if: you don’t have a current Will you have a blended family group you have valuable property / business assets you have a complex business structure your beneficiaries may have a claim from an ex-spouse your beneficiaries may become insolvent your beneficiaries are wealthy or in high risk industries you consider a claim against your estate is likely you want to save your family thousands of dollars in tax you want to save your family costs of dealing with claims. Did you know that: you create unnecessary difficulty by not having a Will you can save thousands in tax by streaming income benefits to your beneficiaries cannot easily be challenged using a TDT. By taking a strategic approach to your estate planning and creating a Will with a Testamentary Discretionary Trust your executors can stream income to beneficiaries to ensure that these beneficiaries may derive the benefit when it suits them best and meets their personal circumstances in the most tax effective way. If you have real property in your name then this asset can be managed in a very tax advantageous way when controlled as part of a Testamentary Discretionary Trust, especially when you hold investment property with established recurring revenue. A Will with a Testamentary Discretionary Trust can also be advantageous where blended family or complex business structure are involved. Your family legacy can be protected for up to 80 years using a Will with a TDT. The cost of a Will with a TDT is typically outweighed by the value your beneficiaries will gain from its effective operation. For a free consultation with one of our estate planning experts call Real Time Law on 0404 377 422 or for more information email [email protected].

04.01.2022 Letter of Commercial Relief Are you in need of assistance? You may wish to write to your landlord to derive a benefit. Here is a sample letter for you to adapt: Dear [Name]...Continue reading

04.01.2022 I have stopped watching the news... I don't want to hear any more about tragic loss and family grief. Whether it's grief on a global scale with bombings, massacres or natural disasters or grief on a more personal level hearing about loss of life of someone too early or under tragic circumstances. I don't want to contemplate the possibility that similar tragedy or unexpected death of a loved one can happen and I don't want a feeling of hopelessness to impede into my day and w...hat I need to do. I don't feel like I can make a difference by listening to these stories of loss. However, what I can do and where I am trying to make a difference - is educate people about happens here in Australia when death happens. In particular, I am trying to assist people to protect their loved ones and their legacy when death does happen. Death being one of the few certainties in life. Ideally, you feel your life has purpose. That you are making a difference. In this flow of life, the choices that you make define you. Your friends or family or loved ones can benefit from your choices and your hard work beyond your death. You can choose to protect your legacy and their future in a very personal, beneficial and meaningful way: with an end of life plan. Why are people so busy creating a legacy and a portfolio of assets and income and yet reluctant to plan for these to continue benefitting their family beyond the end of their life? Is it fear or denial? I don’t want to think about death Is it procrastination? I will do it one day soon Is it optimism? I’m not going to die today. I don't need one Is it financial? I have other bills to pay now, I can’t afford it I’ve heard many of these comments. We are conditioned not to contemplate or plan for death. But ultimately, what is all of your work and choices for if not for your loved ones now and into the future, including beyond your death? Do you know what happens to your personal and financial possessions, insurances and debts when you die without a valid will? If you don’t know then you should find out. Making a Will is one of the best ways to protect your future legacy. If you are interested in making an end of life plan to protect your loved ones then email me on [email protected] or call 0404 377 422. Initial consultations are confidential and a fee is not charged until it has been agreed. See more

03.01.2022 Multi Generational property investment strategies Properly structuring this kind of investment can help set families up for generations.

02.01.2022 Legacy challenged?: Bob Hawke’s Will may be under threat of a Family Claim It is disappointing to hear when the legacy of a well-known and respected person becomes tarnished by the actions of a family member making a claim against an estate. As reported recently in the Sydney Morning Herald Bob Hawke’s estate may be challenged in the NSW courts by his daughter: https://www.smh.com.au//bob-hawke-s-daughter-to-sue-blanch It is reported that in his Will the former Prime Minis...ter left an equal amount of $750,000 to each of his children with his first wife (the late Hazel Hawke) and to his stepchildren of his second wife of 24 years Blanche D’Alpuget. The residue of his estate is reported to be left to his surviving spouse including the proceeds of sale of his $15 million former home. The Will looks like it may be challenged in the NSW Supreme Court as part of a family provision claim by Bob’s daughter, Rosslyn Dillon. This claim would likely be based on the assertion that the benefit gifted in the Will is not adequate to meet the needs of the recipient beneficiary. The same generation of the ‘blended’ family have been treated as equals, so on its face Bob appears to have acted fairly and reasonably in his Will by providing equal gifts for his children and step-children with Blanche. But what is fair to one person may not be fair to another. If the daughter can show that she was not adequately provided for in the Will or if the estate is not robustly defending the action, then Bob’s daughter may receive a payment either in settlement or by order of the Court. As these kind of claims are very expensive, the legal advisors for the estate and the claimant will likely benefit. The claim must be made within a set timeframe so we will have to wait and see what happens with the estate of Bob Hawke. Hopefully a claim will not proceed. Often clients say to us that they want a watertight Will that cannot be challenged. This can never be completely guaranteed. However, steps can be taken to reduce this risk. Estate planning requires in depth discussion of various issues, including consideration of which entities hold assets, the nature of the assets being held and the best way that the estate and assets can be structured with a view to tax minimisation, preserving generational wealth and other objectives the will maker wishes to prioritise. If you are concerned that there may be claims made against your estate then you need to think ahead and take appropriate action with the help of experienced wills & estates lawyers. Please call Rhys on 0404 377 422 or email [email protected] for a free initial consultation.

02.01.2022 Looking forward to hearing more about this exceptional small business tomorrow morning

01.01.2022 It's all about the journey and those that take it with you..