Garden leave in Employment Contract

Ron Dennis vs McLaren F1 team Ron Dennis and the McLaren F1 team had a fight. Even the world of Formula 1 is not protected from the clutches of employment law. It’s a perfect example of Garden leave. What is garden leave? ‘Gardening leave is a colloquial...

Abandon a gift in a Will to keep the pension?

Abandon a gift in a Will to keep the pension? The Financial Planner carefully structures Mary’s affairs. Mary receives a $1 pension and the much sought-after Concession Card. All good. But then, Mary’s mother dies. Mum’s Will leaves everything to Mary. The inheritance...

Lost Family Trust Deed – can you replace it?

Lost Family Trust Deed – can I replace it? Is a lost family trust deed a bad situation? What is worse? losing your property Title Deeds; losing your Company Constitution, or losing your family trust Deed For a few thousand dollars and an advertisement, we can replace...

Art in SMSF – insurance & store in office premises

Art in SMSF is not a problem. However, every Self-Managed Super Fund, as part of its Investment Strategy and Product Disclosure Statement, must consider whether insurance on the fund’s assets is desirable or prudent. There is less than $500m of collectables...