20 04, 2018

Forcing a sale of property in NSW

2018-04-23T15:43:12+00:00

It's relatively easy to get into property ownership with someone. But it can be considerably harder to get out. Particularly if you don't have a co-ownership agreement in place. Find out what court remedies may be available to you NSW if you find yourself stuck in a property.

Forcing a sale of property in NSW 2018-04-23T15:43:12+00:00
12 04, 2018

Transferring an asset from a super fund to a member – no stamp duty in SA

2018-04-12T09:27:54+00:00

In South Australia stamp duty is not payable on a transfer of real property from a trustee of a trust to a person who already has a defined beneficial interest in the property. For example, a transfer of property from the trustee of a unit trust to the unit holder. But there are a couple of tricks you need to be aware of.

Transferring an asset from a super fund to a member – no stamp duty in SA 2018-04-12T09:27:54+00:00
12 04, 2018

A rant on challenging Wills

2018-04-19T15:36:52+00:00

A few judges and populist politicians have recently made some snarly comments about lawyers and ‘greedy’ people who are challenging Wills. Apparently, as a profession, we are getting a bit of ahead of ourselves in bringing too many of these cases to court. Read this article to get informed about the debate.

A rant on challenging Wills 2018-04-19T15:36:52+00:00
23 03, 2018

Do you and your spouse have more than $1.6 million (in total) in super?

2018-03-23T15:28:55+00:00

Everyone gets a $1.6 million cap on the assets that can support a tax-free super pension. You and your spouse each get a separate cap. But super pensions that pass to you from your spouse when they die may put you over your cap. This will have adverse tax outcomes. You need to plan for this as part of your estate planning.

Do you and your spouse have more than $1.6 million (in total) in super? 2018-03-23T15:28:55+00:00
6 03, 2018

Are you ready to sell your business?

2018-03-06T06:50:38+00:00

If you're thinking of selling your business, we bet there are 2 key outcomes you are looking for: 1. Getting the highest purchase price possible; and 2. Being able to make a clean break from the business, so you can think about something else (and maybe even relax or take a holiday). These outcomes are both realistic and achievable, but it will take some planning before you put the business up for sale.

Are you ready to sell your business? 2018-03-06T06:50:38+00:00
20 11, 2017

Yes, you do need a testamentary trust

2017-12-14T09:32:04+00:00

Most people who advise on testamentary trusts talk about the ‘tax benefits’. This emphasis is plain wrong. Why? Because, a simple Will (without a testamentary trust) is more likely to do harm, and to lead to family disharmony, than one with a testamentary trust.

Yes, you do need a testamentary trust 2017-12-14T09:32:04+00:00
20 11, 2017

What happens to a gift in your Will if you no longer own the asset when you die?

2017-12-14T09:24:46+00:00

A gift of property that is no longer in your estate when you die automatically ‘fails’ (or ‘adeems’). This rule can lead to unfairness and unintended consequences.

What happens to a gift in your Will if you no longer own the asset when you die? 2017-12-14T09:24:46+00:00
5 09, 2017

How to direct particular super assets to particular beneficiaries

2017-09-05T09:11:32+00:00

A key benefit of having your super in a SMSF is that you can choose who ultimately benefits from particular assets within your fund when you die.

How to direct particular super assets to particular beneficiaries 2017-09-05T09:11:32+00:00
28 02, 2017

‘UPEs’ and ‘FMDs’, and your estate planning

2017-11-17T17:05:45+00:00

What is, and what is not, in your personal estate? This may sound like a academic question not worthy of a lot of thought. However, if you are in estate planning mode, it is critical that you answer this question correctly.

‘UPEs’ and ‘FMDs’, and your estate planning 2017-11-17T17:05:45+00:00
25 01, 2017

Can your partner change their Will after you die?

2017-03-14T13:33:47+00:00

Just because you and your partner make 'mirror Wills' does not mean that your partner cannot change their Will (either before or after you die). Furthermore, your partner does not have an obligation to inform you if they do change their Will. Find out how to deal with these issues.

Can your partner change their Will after you die? 2017-03-14T13:33:47+00:00
19 10, 2016

It’s official. Super isn’t part of your estate.

2017-12-15T09:22:26+00:00

Your super doesn't form part of your estate, and is not subject to the terms of your Will. It's therefore critical to have in place appropriate arrangements to make sure your super ends up where you intend.

It’s official. Super isn’t part of your estate. 2017-12-15T09:22:26+00:00
12 08, 2016

Separation and your estate planning

2017-11-17T17:10:24+00:00

When you are separating for your spouse or partner, it's easy to get bogged down in negotiations about your kids and dividing up your property. But don't forget your estate planning - otherwise you may just end up leaving your former partner the biggest gift of them all.

Separation and your estate planning 2017-11-17T17:10:24+00:00
30 05, 2016

Preparing for your ‘digital afterlife’: our 5-step approach

2017-11-18T08:30:17+00:00

What would happen if you lost mental capacity or died? While your physical life may be well provided for, chances are your digital life is seriously at risk.

Preparing for your ‘digital afterlife’: our 5-step approach 2017-11-18T08:30:17+00:00