by Andreyev Lawyers | 6 - 288, 6 - Build and protect your wealth (including trusts), Marketing, Newsletter Published
Australians love their trusts. In fact, the number of active trusts in Australia is coming up to 1 million (if not there already). We use so many trusts because they are so versatile. But one problem most trusts have is that they don’t last forever, they have an ‘expiry date’. If you have a trust you should be aware of its ‘expiry date’, and if that date is fast approaching, you must plan for the end! Sometimes we find that a trust has already expired years ago, without anyone having noticed…
by ADLV Law Team | 6 - 287, 6 - Build and protect your wealth (including trusts)
In South Australia stamp duty is not payable on a transfer of real property from a trustee of a trust to a person who already has a defined beneficial interest in the property. For example, a transfer of property from the trustee of a unit trust to the unit holder. But there are a couple of tricks you need to be aware of.
by ADLV Law Team | 6 - 287, 6 - Build and protect your wealth (including trusts)
Everyone gets a $1.6 million cap on the assets that can support a tax-free super pension. You and your spouse each get a separate cap. But super pensions that pass to you from your spouse when they die may put you over your cap. This will have adverse tax outcomes. You need to plan for this as part of your estate planning.
by ADLV Law Team | 6 - 288, 6 - Build and protect your wealth (including trusts)
In South Australia it is possible to transfer a property from a family trust to a beneficiary without stamp duty. Find out how.
by Andreyev Lawyers | 6 - 288, 6 - Build and protect your wealth (including trusts), Marketing, Newsletter Published
If you have a discretionary family trust, then chances are your accountant has mentioned ‘unpaid present entitlements’ or ‘UPEs’. No doubt you have just nodded wisely, but deep down, do you really know what this means?
by Andreyev Lawyers | 6 - 320, 6 - Build and protect your wealth (including trusts)
If you are about to pay off your limited recourse borrowing loan (or have recently done so), you are probably wondering what to do next. You might want to simplify your super fund investments and wind up the custodian trust. Or you might be planning your next property...
