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...
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...
Divorce Protection Trust in your Will – stop step-children taking your money at death Your daughter-in-law knows you have money and that you are old. She tolerates living with your son a little longer. You die. She immediately leaves your son. She asks the...
Protecting vulnerable children in Wills Training Course Building 3-Generation Testamentary Trust Wills online with Adjunct Professor, Dr Brett Davies FREE Start building for free Checklist Protecting a vulnerable child When you build your Wills on our website you are...
A ‘lost’ Will is not automatically a ‘revoked’ Will – lost vs revoked A Will is valid until the Will-maker intentionally revokes it. The Will-maker must be of sound mind to revoke a Will. A person holding a POA for the Will-makers cannot...
