Can a Power of Attorney change a Binding Nomination? Narumon case
At your death, binding death benefit nominations direct the superannuation fund to pay your superannuation and insurance benefits as set out in your nomination. The tax on superannuation at death is up to 32%. So your adviser will recommend putting a...You get 2-year period to sell a dead person’s home tax free – self assess for a further 12-months
ATO’s discretion to extend the 2-year period to sell a dead person’s home CGT relief from selling the main residence more than 2 years after death – Practical Compliance Guideline PCG 2019/5 When your parents die you have two years to sell their CGT...Special Disability Trusts in your Will
All our 3-Generation Testamentary Trust Wills contain Special Disability Trusts Should all Wills contain a Special Disability Trust? Yes. All Wills should contain the power to tip money from the dead person’s estate into one or more Special Disability...Divorce Protection Trust in Wills – stop children-in-laws taking your money
Divorce Protection Trust in your Will – stop step-children taking your money at death Your daughter-in-law knows you have money and that you are old. She tolerates living with your son a little longer. You die. She immediately leaves your son. She asks the...Disabled children in Wills – free training course for Accountants, Financial Planners & Lawyers
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