Most people realise the importance of protecting their Intellectual Property. But ‘ideas’ and ‘concepts’ aren’t a form of IP, as there is no ‘property’ capable of being protected. Don’t despair, there are ways to protect and exploit your interests.
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
Yes. Duty of $500 is payable on the deed that establishes a family discretionary trust (and other forms of trusts).
No. It is no longer necessary to stamp a trust deed in South Australia.
Website developers understand very clearly the notion of the ‘information architecture’ of a website, yet not all of them get it when it comes to the architecture of the service agreement they enter with their clients
Just because you and your partner make ‘mirror Wills’ does not mean that your partner cannot change their Will (either before or after you die). Furthermore, your partner does not have an obligation to inform you if they do change their Will. Find out how to deal with these issues.
What happens to my SMSF if I become a non-resident?
So you’ve just come up with a great business concept, given it a test-drive among your family and friends, and now want to go to the next stage. What do you do? You need to put together the ‘playing field’ for your venture. In other words, you need a ‘business structure’.