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...
Contesting a Will? Issues to consider before you see a lawyer
It is a big decision to contest a Will. This article looks at what is involved from an emot...
5 essentials for SMSF members in pension phase
As many SMSF members are now in pension phase and superannuation in general is a major asset for Aus...
Why have a testamentary trust? Are they worth it?
Simply yes. As Identified in the case study below, the income tax paid on the proceeds of an estat...