The governing law of a trust determines which State or Territory laws apply to the trust and which courts have the jurisdiction to hear a dispute. Therefore, a trustee must know which laws govern the trust to perform their role properly. The governing law of a trust...
We are proud to announce a new South Australian State-based partnership with Family Business Association (FBA). Family Business Association (FBA) is the peak body for family businesses in Australia and New Zealand, helping family businesses to grow and thrive. Members...
Trusts may be ubiquitous in the Australian business landscape, but they are not simple structures to administer. If you have a trust, or are establishing a trust, one aspect you need to consider is the ‘governing law’ or the jurisdiction of the trust. Let us tell you why…
Many companies nominate their accountant’s address as the registered address for their business. This article highlights the danger to a company of not being able to adequately supervise the registered office and the importance of accountants having a system in place...
The dust has barely settled on our Christmas decorations but we’re back and open for business. We like to start our year by consulting our legal ‘Crystal Ball’ and predicting what might be in store for 2024. Interested in what we think is on the cards? Read on! The...
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...
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