Modernise your SMSF without damaging old rights An SMSF Deed goes stale. Superannuation law changes. ATO practice changes. Banks change their requirements. Pension rules change. Death benefit law becomes more contested. A deed that worked 6 or 8 years ago may now be...
Many parents want to include their children in wealth creation. But Australian corporate law is strict. If you are setting up an Australian Pty Ltd company on Legal Consolidated’s website, you might want to issue shares to an underage child. You must do this...
Different classes of company shares in Australia: why share rights matter A company share is a bundle of rights. Those rights decide who: votes receives dividends gets back capital gets notices attends meetings participates if the company is wound up This is why the...
Dear Senators, Submission to the Senate Inquiry into various aspects of: Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 and Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026 is submitted by Barbara Smith AM, Dr Ed Koken and Dr Brett Davies CGT...
Forgive the money your company owes you to get Centrelink You are the sole shareholder of a private company. You are also the sole director. Over many years, you lent your company money. The company used the money in its business. The company now has no cash. It has...
Can a Will clause force my child to divorce? The Public Policy Rule No. A Will is not a remote control. You cannot use it to control your child’s marriage from the grave. But you can protect your estate. That is the difference. Many Will makers ask the wrong question....
Does my QLD trust deed comply with the Trust Act 2025? Buried somewhere in the trust deed is a provision stating which State or Territory law applies. Find that clause. If your trust deed says Queensland law applies, then the Trusts Act 2025 (Qld) (Trusts Act)...
No. But you can gift the shares. Here is an example: Dad owns all the shares in BeachCo Pty Ltd. BeachCo owns the holiday home. Around the kitchen table, everyone calls it ‘Dad’s holiday home’. Dad pays the bills. Dad books the repairs. Dad tells the children when...
