Australian employers pay out over half a billion dollars each year for work-related mental health conditions. For the first time, a State government has set out a code of practice for the mental health of fly-in-fly-out workers. Build on our website all the Policies...
We are forever travelling. I spent two years with my wife and son to complete my doctorate in tax and estate planning in England. Many have insurance, real estate, bank accounts and pension funds overseas. You can build a 3-Generation Testamentary Trust Will on...
e Using a Power of Attorney to steal money In Estate Planning, you have many ways of protecting yourself and your family. For example, in your Will, you can put in a Divorce Protection Trust and make Loans to Children while you are alive. However, while you are...
Do all Casual Employees now get Annual Leave? Just paying your employee as a casual is not enough. You need a complying Employment Contract. Is your casual employee: casual or permanent? Your answer affects: 1. paid leave 2. notice of termination 3. redundancy pay 4....
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...
When your parents die, you have two years to sell their CGT family home. (A family home is usually tax-free, but not always.) If you sell the family home within two years of their death, then you do not pay any Capital Gains Tax. For example, your parents’...
Special Disability Trusts: Avoiding Centrelink Deprivation Rules Unless you are specifically trying to avoid the Centrelink Deprivation Rules, a Special Disability Trust is often a complex administrative burden. A Special Disability Trust (SDT) is a creature of...
Your children-in-law know you have money Your child’s spouse knows your family has money. They wait. They tolerate the marriage a little longer. You die. Your child receives the inheritance. Then the separation starts. Without protection in your Will, your estate...
