THE DOVER LEGAL TEAM

Dover has an experienced and expert team of solicitors available to help representatives with legal support services in their practices and to advise representatives on matters related to their practices.

Our experience covers the full range of client matters, from documenting business transactions, to superannuation law and taxation law issues.

McMasters’ legal team is the only legal firm in Australia that deals exclusively with the commercial law needs of professional practices.

We have decades of experience with all aspects of professional practices including:

• taxation planning strategies for financial planning practices, including advice on choice of structure for financial planners;
• trade practices law for professional practices;
• superannuation planning strategies;
• setting up professional partnerships, associateships, companies and trusts including family trusts; unit trusts and hybrid trusts;
• employment law issues for professional practice staff;
• practice purchases including valuations and due diligence, and practice start ups;
• practice sales, including negotiation with purchasers;
• leasing practice premises;
• dispute resolution processes;
• practice finance;
• estate planning, with a particular knowledge of testamentary trusts;
• partnership agreements, joint venture agreements; associate agreements, unit-holder agreements and shareholder agreements;
• self-managed superannuation funds;
• succession planning strategies;
• financial product and ASIC compliance advice; and
• service trust documentation processes.

 The Dover legal team also has expertise and experience in:

• compliance with Chapter 7 of the Corporations Act 2001 (Cth);
• AFS licensing issues;
• financial services disclosure issues;
• Financial Services Ombudsman complaints;
• AFSL licence applications and variations;
• statutory and equitable duties of financial services providers;
• financial product disclosure requirements;
• Corporations Act regulation of market participants; and
• issues relating to the role and powers of the Australian Securities and Investment Commission (ASIC) and the Australian Securities Exchange (ASX)

Philip Lambourne Philip joined McMasters’ in 2010 with 12 years experience with small and medium sized business law with the well known city law firm Harwood Andrews. Philip has particular knowledge and experience in the areas of estate and succession planning and stamp duty law. Phillip is an LIV accredited specialist in Business Law and sits on the LIV Business law Specialization Advisory Committee and the LIV State Taxes Committee.

Terry McMaster Terry is an accountant, solicitor and financial planner who specialises in professional practices, Terry is the founder of the Dover group and the McMasters' group of businesses. Terry originally trained as an accountant with Price Waterhouse and a solicitor with Phillips Fox before starting his own legal, accounting and financial planning practices in the 1980s. Terry works with Dover's representatives helping them develop and market their businesses. Terry has set up and run three successful professsional practice groups in the last 15 years, including the McMasters' group (www.mcmasters.com.au). This qualifies Terry to advise representatives on development and marketing their practices and provide practical hands on assistance in making their practices more profitable and more valuable.