Out & About
Out & About with SPM Law
Everyone loves a baby farm animal, fairy floss and fireworks ....even lawyers. SPM Law were proud co sponsors of the animal nursery and school work sections at the Gympie Regional Show held 14-16 May.
Also in May, Senior Associate, Fiona Allen was a guest at the Westpac Ruby Luncheon held in Noosa. Who can find her in this photo?
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“Where there is a will, there is a relative. Where there isn’t a will there is chaos” (Anonymous)
It is very common for business of all types to take advantage of internal leases. Text book asset protection advice usually recommends holding all assets in one entity (a “holding entity”) and leasing those assets to another entity (an “operating” entity) for use in a business. Is this how you operate? Does your business otherwise allow assets to be placed into the possession of others (through leases, licenses or just be giving those assets to others to use) If so, you should probably read on…
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