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...
The ATO has just audited my new client’s Div 7A agreement. It did not go well. Many Div 7A Loan agreements are not ‘commercial’ and therefore not valid based on 4 common drafting errors: The Div 7A Loan must be signed as a ‘Deed’ not as an ‘agreement’....
