Solution Brief: Guardianship Plan Checklist
A Guardianship Plan is a written record that you prepare as parents, detailing what you want for your child if both (or either) parent dies or can no longer perform their role as parent or guardian. Background The aim of your Guardianship Plan is to provide a set of...
Solution Brief: Education Testamentary Trusts
An Education Testamentary Trust can be set up through your Will to fund all or part of the cost of primary, secondary and/or tertiary education for your children or grandchildren (or other dependants or relatives). How is it funded? In order to set up such a trust,...
Solution Brief: Trust Wills
How do I ensure that the assets in our “family trust” end up being shared among my children in a fair and appropriate manner? How do I pass control of my trust to the next generation, or control over specific assets? What are the tax consequences of passing on trust...
Solution Brief: Why you need to think about Estate Planning
Your Estate Planning is not something to be taken lightly. Take a few minutes out to ask yourself the following important questions: Do you want to choose who benefits from your wealth, and when? Do you want to protect the wealth you give your children from unjust...
Solution Brief: Self-Managed Super Funds – Individual or Company Trustee?
We often get asked whether it is better to have a ‘company trustee’ or ‘individual trustees’ for a self-managed super fund. This question gets asked both when we are setting up a new super fund, and when we are reviewing an existing super fund. In our view, the short...
Solution Brief: Four Key Things to Consider Before You Start Your Estate Planning
Estate planning basically involves working out what you have, deciding where you would like it to go, and then choosing people to make that happen.
Should I hold my family home in a trust?
It is well understood by savvy property investors that holding investment properties in a trust can offer the benefits of asset protection, estate planning and tax efficiency. The next question is whether these benefits extend to the family home. In other words, is it worth holding your family home in a trust?
Andreyev Lawyers second quarterly update 2023
It is hard to believe that a quarter has passed since we last shared a firm-wide update with you. The end of the last financial year came and went in a flash, and we are settling into the start of the new financial year with fresh minds and optimism about the year to...
Is it worth holding land in trusts in South Australia?
Put simply, once an individual has aggregate land holdings of $2.5 million, they will benefit from using discretionary trusts in their structuring strategy.