If you are heading overseas for an extended period of time, and have a SMSF, then you need to do some housekeeping before you leave.
This of a lawyer like a ‘Will Kit’ – but with arms and legs.
You may have recently received a letter from RevenueSA asking you to take action in relation to your trust by 3 June 2020. This is because the SA Government has recently made changes to its land tax law. Find out about your options.
If you want to make sure your ‘furbaby’ is looked after when you’re gone, we can advise you how to best achieve this in your estate planning.
Are you a barrister trying to access rent relief during this COVID-19 period. Not so easy with a service trust? We have some views that may be helpful.
If you own or lease a farm, you have a valuable asset that you need to protect. The key document to make this happen is a well drafted ‘farm lease’.
‘Asset protection’ is the phrase given to strategies that seek to keep assets out of harm’s way. Want to know more about this strategy?
If you hold equipment in one entity, and carry on your business in another, you may be thinking this is a great asset protection strategy. It is, but it is missing one critical part – registration of the arrangement on the PPSR.
Avoid Additional Stamp Duty in Victoria – Exclude Foreign Beneficiaries from Your Discretionary Trust
The Victorian State Revenue Office (SRO) has announced that from 1 March 2020 it has adopted a new approach in applying the ‘foreign purchaser additional duty’ (FPAD) provisions of the Duties Act 2000 (Vic) to discretionary trusts. Make sure you don’t get caught by this additional 8% of duty.
Schools and other education providers are just like any other business in our community – and are being hit hard by the harsh economic reality that is now upon us. We can help guide you through this new economic landscape with a compassionate, yet effective, debt collection strategy.
If you’ve been sponsoring sports teams and events as part of your marketing spend – maybe it’s time to move to warp speed, and consider eSports! The world is your virtual oyster.
If you’re paying for your grandchildren’s education costs, then you’re not alone. But is this financial support a ‘gift’ or a ‘loan’ to your children? If this is left in any doubt, then bitter family disputes will arise. Take the time now to make sure the ground rules are clear.