Why refusing an inheritance destroys Age Pension planning Take Mary as an example. Mary’s financial planner works hard to preserve her small Age Pension and the valuable Pensioner Concession Card. Mary’s mother dies and leaves the estate to Mary. Centrelink does not...
We do not set up ‘Child Maintenance Trusts’ We do not set up ‘Post-Death Testamentary Trusts’ or ‘Child Maintenance Trusts’. We cannot fix the tax problem you left behind because you failed to plan while you were alive. Rather, this article is a cautionary tale. 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 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...
Tax Effective 3-Generation Testamentary Trust Mutual Wills $770 includes GST You are building two Tax Effective Mutual Wills. They each contain a 3-Generation Testamentary Trust. In the first instance, you leave everything to each other. After you both die, you leave...
