Tax Effective 3-Generation Testamentary Trust Mutual Wills $770 includes GST You are building two Tax Effective Mutual Wills. They each contain a 3-Generation Testamentary Trust. In the first instance, you leave everything to each other. After you both die, you leave...
Are Family Trusts replacing Self-Managed Super funds? We are seeing a renewed interest from professionals for Family Trusts. Family Trusts built on our website have surged 38% in the last 12 weeks. Conversely, SMSFs have dropped by 23%. On speaking with professionals...
Charity v Son – Dad’s Will challenged Dead Zopito Di Cesare left everything to charity. His son, Ivano Ferrante files a Supreme Court writ against the charities. Usually, a son argues that he was not getting enough out of his Dad’s Will and asks the court to...
Who can challenge a Will with a considered person clause? Each state’s Family Provision Act sets out who can challenge a Will Courts are reluctant to interfere with your Will. However, legislation exists in all Australian States and Territories: New South...
Removing Trustees and Members from your SMSF There are compelling reasons to share your Self-Managed Superannuation Fund (SMSF) with others, such as your spouse, children, in-laws, and business partners. Given that SMSFs can be costly to manage, distributing the...