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

Estate equalisation by courts not so straightforward

From

In a 2015 court case a claim by the daughters of the deceased for an equal share of his estate was dismissed. It was taken that the daughters had been

continue reading

Key issues in estate planning using trusts

From

A look at two important family trust issues that advisers may come across in establishing or managing the workings of a client’s estate planning using trusts. Issue #1: Who should

continue reading

Who should be the Appointer of a family trust?

From

When completing an instruction form for arranging a new family trust for a client, it is very likely that the form will ask the question – Who do you want

continue reading

Did you know that the terms of a Will can be changed – or even ignored?

From

If the deceased’s Will conflicts with the family’s current circumstances or with the wishes of the beneficiaries they can take steps to change it. There are many reasons why such

continue reading

Loan vs Gift? – the right way to help out your kids

From

We all know that life’s pretty expensive living in Australia these days – especially if you have a hankering for buying residential real estate in a capital city. Plus, if

continue reading

What happens when both members of a SMSF die at the same time?

From

It’s the call that every adviser dreads – the death of a client activates the estate planning toolkit of Will, Binding Death Benefit Nomination (“BDBN”) and reversionary nomination for SMSF

continue reading

Who gets my super when I die?

From

For many people it might come as a surprise to learn that the most important estate planning tool for dealing with the payment of their interest in a superannuation fund

continue reading

7 Reasons Why ASIC’s $200,000 minimum for an SMSF is not in the client’s best interest

From

While there are a number of useful features of ASIC’s new guidance papers on SMSF advice (Information Sheets 205 and 206) , comments relating to the preferred minimum for an

continue reading

‘Super Family Feud’ case where three children were in a dispute over father’s super death benefit

From

Brian Hor from Townsends law discusses a classic ‘Super Family Feud’ case where three children were in a dispute over their father’s super death benefit, which could all have been

continue reading