What happens in your Will if a child dies before you? A mother had four children, but one had already died before her. Her Will said everything to my: ‘children as shall survive me’. Five words that cost the family a court case. The surviving grandchildren...
Why You Need a Power of Attorney in Every State You Own Assets Sun Tzu in The Art of War tells us that warfare is based on deception. Australian state governments play the exact same game. Australia consists of eight proud, separate jurisdictions. They have their own...
While the legislation tells us what the law is, the ATO’s internal manuals tell their auditors exactly how to enforce it. One of the most revealing documents for tax professionals is Practice Statement Law Administration PS LA 2011/8. It is the ATO’s internal rulebook...
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...
In the high-stakes world of corporate finance, we often get lost in the takeover jargon. We talk about “synergies” and “accretive value.” But for the average Australian, what does this actually mean? To start from ground zero: a merger is...
