A ‘unit trust’ is a commonly used structure for ‘pooling money’ and holding investment assets, particularly property. They are sometimes used for carrying on a small business, but this is less common. What is a unit trust? A ‘trust’ is a legal relationship between at...
A hybrid trust is a structure for holding investments when you want to access enhanced “asset protection” and “negative gearing”. A hybrid trust is an alternative to both a standard “discretionary” or “family” trust, which generally do not allow negative gearing in...
When used appropriately, a Discretionary Trust offers a number of potential advantages, including: “Asset protection”, meaning that assets held within a Discretionary Trust have a degree of protection from unwarranted claims made against persons associated with the...
What is surcharge land tax? In NSW, land tax is a tax on land you own at midnight on 31 December of the previous year. Surcharge land tax applies to residential land owned by a foreign person at midnight on 31 December of the previous year. Revenue NSW administers and...
Australians are prolific email readers. Or at least, that is what the latest Campaign Monitor (CMO) Email Marketing Benchmarks report seems to suggest. The report found that on average, Australians open more emails than comparative records show for the US, UK, Europe,...
Join our team as we answer your FAQs about superannuation. https://www.youtube.com/watch?v=uHpkKGimEm0&list=PL9OZYlmMxihoQYxYHDQcDiVeB6R7yPVtb&index=2 If you want to read a written version of these FAQs, click here. To watch the rest of our Estate...
Join our Andreyev Lawyers team as we answer your FAQs about estate administration. https://www.youtube.com/watch?v=3tly-rX9_Ew&list=PL9OZYlmMxihoQYxYHDQcDiVeB6R7yPVtb&index=3 If you want to read a written version of these FAQs, click here. To watch the...
Join our team as we answer your FAQs about financial decision making and medical & lifestyle decision making. https://www.youtube.com/watch?v=JEQB5-F7NYo&list=PL9OZYlmMxihoQYxYHDQcDiVeB6R7yPVtb&index=4 If you want to read a written version of these FAQs,...
Join our team as we answer your FAQs about challenges to a Will. https://www.youtube.com/watch?v=27VmU3nrVJA&list=PL9OZYlmMxihoQYxYHDQcDiVeB6R7yPVtb&index=5 If you want to read a written version of these FAQs, click here. To watch the rest of our Estate...
Join our team as we answer your FAQs about Wills. https://www.youtube.com/watch?v=REAy-R_vkJw&list=PL9OZYlmMxihoQYxYHDQcDiVeB6R7yPVtb&index=6 If you want to read a written version of these FAQs, click here. To watch the rest of our Estate Planning series: The...
Join our Andreyev Lawyers team as we answer your FAQs about the importance of Estate Planning. https://www.youtube.com/watch?v=R0VAP1iZapw If you want to read a written version of these FAQs, click here. To watch the rest of our Estate Planning series: Wills...
When clients sit down with us to talk about their Will, the conversation often turns to something deeper than assets and tax, it turns to impact, legacy, and the people and causes that have shaped their lives. Many of our clients want their Will to quietly keep doing...
There is not much in life that you can ‘set and forget’, including the trustee of your trust. In Australia, discretionary or family trusts are often used to hold investment assets or to operate small or medium businesses. They offer benefits in terms of asset...
Q: Will I be paid for the work I do as an executor of a Will? A: It depends… Administering an estate as an executor can be a demanding and time-consuming role. You might find that you’ve had to deal with closing the deceased’s multiple bank accounts, selling real...
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