We often get asked by people setting up a new business, “What’s the difference between a sole trader and a limited liability company? A sole trader is a common ownership structure used to operate a small business. The main operator of the business may be one person, perhaps supported by a family member such as a spouse. The extent of the sole
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What to know when building a house with a building company…
Building a house can be a stressful process. Before you get started, it’s critical you are aware of your rights and obligations and also those of the builder. Prior to engaging a builder, you should complete your own due diligence on the following: Research who the builder isDiscover what reputation the builder hasLook at other properties
Just what is a ‘caveat’ on my property title?
The word caveat is Latin and translates to “let him or her beware”. You may have seen the word pop up in relation to a property – that’s because a caveat can be lodged against someone’s property title to protect the lodging party’s right or interest in the property, and it prevents the registered owner of the property from selling, mortgaging, and
What is Enduring Power of Attorney?
An Enduring Power of Attorney (EPA) is a legal document that allows an individual (called the Donor) to appoint another person or persons (called the Attorney(s)) to take care of their property and/or personal care and welfare if the Donor loses the ability to do so themselves. This appointment does not prevent the Donor from managing their own
Anti-money laundering and countering Financing Of Terrorism Act 2009
From 1 July 2018, all law firms must comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. The Act requires us to assess the money laundering and terrorist financing risk we may face in our business. This means we have to carry out an assessment on our clients. As part of the due diligence we have to carry out,
New online services
At Horrocks Hampton we're always trying to think of ways we can make life easier for our clients. We're very excited about our newest innovation: online law services. We understand that often the reason clients do not want to make a Will or create Enduring Powers of Attorney is because they don’t have the time to visit our offices several times
