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...
ATO’s discretion to extend the 2-year period to sell a dead person’s home CGT relief from selling the main residence more than 2 years after death – Practical Compliance Guideline PCG 2019/5 When your parents die you have two years to sell their CGT...