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...
All our 3-Generation Testamentary Trust Wills contain Special Disability Trusts Should all Wills contain a Special Disability Trust? Yes. All Wills should contain the power to tip money from the dead person’s estate into one or more Special Disability Trusts. Do...
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 for free Checklist Protecting a vulnerable child When you build your Wills on our website you are asked for...
A ‘lost’ Will is not automatically a ‘revoked’ Will – lost vs revoked A Will is valid until it is intentionally revoked by the Will-maker. The Will-maker must be of sound mind to revoke a Will. A person holding a POA for the Will-makers...
Family Trust succession planning Many assets don’t go into your 3-Generational Testamentary Trust Will at death. These assets do not go into your Will: Joint tenancy Superannuation (well not automatically) Cross-owned insurance Family Trust assets (except for...