Capital Gains Tax on dead people’s jewellery – CGT death duty on a wedding ring Sometimes people put a Specific Gift in their Will. For example, ‘my wedding ring to my daughter’. The result? CGT death duty on that wedding ring. At death, your Will is...
[smartslider3 slider=2] CGT Family Home – that does not seem fair Death and Probate Duties were abolished by 1981. However, in 1985 the Federal Government introduced Capital Gains Tax. CGT earns the Government more money on deceased estates in a single...
Do you allow employees to have intimate liaisons during or after work? Where do you stand on fighting and bullying? To discourage such behaviour, the Employment Contract must allow for Policies, such as an Employee Relations Policy. Our Employment Contracts allows you...
If you thought the family court was just about done getting its clutches into mum and dad, think again. In this case, the Family Court looked at the dead father’s Will. Advisers and accountants in Estate Planning must also consider where the parent’s money goes....
[smartslider3 slider=2] After your client dies, how does the accountant activate a Testamentary Trust? Taxing Testamentary Trusts Your deceased client may have had the foresight to provide their beneficiaries with the option of putting the inheritance into...