Who owns my company at death? What happens when a director dies? 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...
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...
How to Extend the Vesting Date of a Family Trust in Australia Some States do not like your trust to do forever. (Legal Consolidated SMSFs Deeds and Variations, since 1988, have always been able to go forever.) Some states inflict the trust’s death on the 80th...
