Testamentary Trusts and Bucket Companies It is possible to incorporate the bucket company strategy with a testamentary discretionary trust. I...
What is the point, you might ask, in setting up a discretionary trust to hold investment assets when you have no family? A discretionary trust...
Discretionary trusts are generally started with just $10 or $20. Mostly trusts are established for a trustee to hold shares or property for the...
An Example of How poor Ownership Structuring Can be Painful. Homer and Marg own 5 investment properties all jointly as Joint Tenants. All in NSW...
Company owned assets cannot be gifted by a person’s will. This is because they don’t own the assets, the company does. However, if the person owns...
Now, I know I will need to chat to my lawyer and accountant before I look at doing this, however I just wanted to get my head around the basics...
Legal Tip 177: Use of Your Sperm after Your Death??? This is NSW law – not sure on the other states. If a couple have been trying to conceive...
The Need to Consider Assets Owned as a Joint Tenant in your Will When two or more people own one asset, such as a property, as Joint Tenants if...
Legal Tip: Who will look after your minor children if you die? What happens when both parents die early and minor children are left behind? The...
Hi, has anyone used second mortgages for property held in their own name(s)? Who specialises? Who would you recommend talking to?
Legal Tip 169: What is a Binding Death Benefit Nomination (BDBN)? Superannuation is held on trust for its members until they reach a condition of...
3 Strategies to Save Tax on Super at Death Superannuation death benefits contain different components and 2 of these components can be taxed when...
Taxation of Superannuation Proceeds Trusts When drawing up a will it can be a good idea to incorporation a Superannuation Proceeds Trust (SPT) to...
Legal Tip 165: What is a Superannuation Proceeds Trust (SPT)? A SPT is a special trust set up within a will, often as a sub trust of a...
Legal Tip 164: How often should wills be reviewed? Generally wills should be reviewed at least yearly I think. It is just a matter of getting out...
Show your arse up....I merely quote the lecturer in Estate Planning. Faced with an empty classroom, business lecturer goes on a rant That one...
Dying Intestate: Leaving a Spouse with Children not of that Spouse Brady Bunch situation. What actually happens if a person dies without a...
Legal Tips: Avoiding Unpaid Present Entitlements (UPEs) What are UPEs? They are basically trust distributions which are not actually paid out of...
Death and Leaving Assets to Non-Residents and CGT The general rules is that death does not trigger CGT. There is no CGT when title is...
Tax Deductions of Donations to Charities on Death Many people want to donate to charities after they die through their wills. Normally a gift...
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