Rights of a beneficiary named in a Will – NSW
Beneficiaries are those listed to receive a gift in a deceased’s Will. The executors – who are...
Buying NSW residential real estate in a family trust – Traps
Traps when buying an investment property in a family trust can be: Land Tax; Foreign owner surcharge...
Has your superannuation become a substantial asset? If the answer is YES, this article is important.
Did you know… you cannot gift your superannuation to a family member when you die. With two except...
Christmas 2020 article – Top 5 reasons a Will needs updating
Number 5: Receipt of significant inheritance If you have received a significant inheritance it is ti...
How do Special Disability Trusts work?
A Special Disability Trust (“SDT”) for a family member with a severe disability or medical condi...
Trusts to avoid surcharge land tax in NSW – December 2020 deadline
Surcharge land tax applies to foreign persons who are owners of residential land in NSW. The law...
Can a person with dementia make a Will?
A person has to have testamentary capacity to make a Will or change their current Will. That is, t...
SMSFs – Planning ahead using enduring power of attorneys
An attorney can: replace a trustee or director (of the trustee company) of an SMSF if the trustee/di...
To gift or to loan – parents to children
The presumption In Australia there is a legal presumption that advances of money for another are a g...
What happens to a family trust if the trustee* dies?
There is no ‘one size fits all’ answer. The scenarios provided in this article outline the sol...