How a typical family keeps $844,350 from death duties Think a 3-generation testamentary trust in your Will is only for the wealthy? Think again. A 3-generation testamentary trust in your Will will not magically make your death tax-free. The government is not that...
Every Australian state and territory allows more than one person to be appointed under its financial, medical and lifestyle decision-making arrangements. Your choice is to make the people you appoint act separately or unanimously. However, two States add a third...
A testamentary trust does not run itself. A human or company must act as a trustee. Many clients prefer a dedicated company as a corporate Trustee. It provides continuity, cleaner administration and asset protection. Despite ongoing attacks on bucket companies, you...
Legal Consolidated 3-Generation Testamentary Trust Wills are drafted so your executors can apply for a Grant of Probate themselves. Your executors do this with the help of your accountant and financial adviser. You can apply online in all Australian states and...
Incorporating your company is step one. Your directors then need to make the company operational. Opening the company bank account is one of the first jobs. The bank wants more than an Australian Company Number (ACN). It needs to understand the company, who owns and...
You need to prepare a legal document for a client. You find a polished website selling Trust Deeds, Loan Agreements, Wills and Powers of Attorney. It looks legal. It sounds legal. It even claims that a lawyer ‘signed off’ on its documents. But the website is not a law...
