Succession Planning for a company

  Who owns my company at death? At death, your shares in a company go into your Will. Your shares are part of your deceased assets. Your executor in your Will looks after the shares and the company. The executor does this in the best interest of the beneficiaries...

Appointor insane? Family Trust succession planning

Family Trust succession planning Many assets do not go into your Will at death. These assets do not go into your Will: Joint tenancy Superannuation (unless you have a binding nomination) Cross-owned insurance Family Trust assets (except for loan accounts and Unpaid...

Extend the vesting date of my trust? Why must my Family Trust end?

How to Extend the Vesting Date of a Family Trust in Australia Most Australian trusts, at some point, must vest. The trust must end after 80 years. This is based on ancient English law. The government does not want a trust to go on forever. This is because it may end...