Testamentary Trusts are commonly utilised for their tax benefits and for controlling the distribution of funds to beneficiaries including minors and individuals who may be at risk or not capable of managing their financial affairs.
Read MoreForgotten loans and other liabilities can cause considerable heartache if they are not afforded due consideration in your estate planning. In the absence of appropriate structuring, commercial loans may be ‘called’ by the lender and
Read MoreNo such thing as death duties in Australia? Ha! Death frequently results in a member’s balance needing to be paid out of the superannuation fund. When it’s paid to someone other than a financial dependant,
Read MoreIt is commonly assumed that upon your passing, your superannuation will simply follow the other assets in your Will to form part of your estate, and that control of your superannuation will be assumed by
Read MoreEarlier this year I suggested that your accountant is well-positioned to play the role of ‘cornerstone contact’ or central coordinator in your estate planning. The high level of interest from our readers has been the
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