BDBNs and life insurance in super: beware the transfer balance cap trap

From

Strategic estate planning is key to ensuring flexibility in crises. Although you may not consider yourself at risk of exceeding the transfer balance cap following 1 July 2017, you may

continue reading

DIY Wills are not the same as DIY Super

From

The courts are littered with examples of ‘do it yourself’ Wills that have gone wrong. It doesn’t matter how simple you think your Will is – even smart people like

continue reading

Is your SMSF trust deed up to date?

From

The end of financial year is fast approaching and in light of the Fair and Sustainable Superannuation Changes it’s important for trustees to be assured their SMSF trust deed is

continue reading

Court refuses will for dementia sufferer

From

In the recent case of R v J [2017], the Western Australian Supreme Court rejected an application to make a will for a woman who no longer had capacity to

continue reading

Acquiring property via a trust or company involving a foreign person has got more expensive

From

The NSW Office of State Revenue levies additional stamp duty on acquisitions of land by foreign persons and additional land tax in relation to foreign landholders. As trusts and companies

continue reading

Does an SMSF cease to be compliant if its members go overseas?

From

Frank and Mary want to go overseas for a while to work in England. They’re told that they need to ensure that their SMSF does not become a non-resident fund

continue reading

A case study on moving quickly to protect assets

From

After their father died, John’s and Mary’s mother was grief-stricken and for several years had little or no social life. Gradually, though, she began to broaden her social network and

continue reading

Can an SMSF invest in gold?

From

Gold jewellery and gold coins/medallions will certainly come under the stricter rules prescribed by SIS Regulations. A recent client enquiry led us to take a closer examination of the types

continue reading

Shedding light on the ATO’s new compliance approach

From

Setting up a self-managed super fund (SMSF) can be quite daunting, especially since the responsibility for ensuring compliance with superannuation laws rests with the trustees of the Fund. As the

continue reading

Proper planning is always key to a succession and estate plan

From

Good estate planning is not only about the Will but in the detailed planning that goes into the other aspects of the estate to achieve the best outcome for your

continue reading