The homemade Will in Re Negrean; Borbil v Borbil Mrs Raveica Negrean loved her son, John. She wanted him to be safe and live in her home when she died. So, the mother wrote in her homemade Will: “[To] my son John Negrean (Ioan Borbil) principal place of...
What was the purpose of Practical Legal Training? Practical Legal Training (PLT) was designed to bridge academic theory and legal practice. At the Institute of Legal Training (IOLT), we believe PLT should be the final, practical step that transforms a law graduate...
By Dr Brett Davies, Adjunct Professor, UWA, Adjunct Reader, Managing Director of the PLT course by the Institute of Legal Training (IOLT) In the high-stakes world of corporate finance, we often get lost in the takeover jargon. We talk about “synergies” and...
Clients falsely believe that Unit Trusts are immune to the foreigner surcharge stamp duty and land tax rules They think, “Since the Unit Trust is a fixed trust, the regulator can see that the unitholders are Australian. We are safe.” Be careful. The rules for Unit...
At their death, the client may wish to leave the assets in their Will to the existing Family Trust. This is because they want to use the accumulated tax losses in the Family Trust. Can you soak up losses in your Family Trust by moving dead people’s assets into...
