How to successfully pass on your farm to your children
Succession for farming families doesn’t need to be a bun fight. You just need a plan.
What happens to your HECS loan when you die?
Have you ever wondered what happens to the remaining amount owing on your HECS-HELP loan when you die? Well here’s your answer!
Six ‘danger zones’ where an accountant should involve a lawyer
Our business clients are facing increasing complexity and higher risks in almost every area of their business life. Navigating these waters requires a team of professionals who work well together, and serve the client’s bests interest as a cohesive group. At the very...
What happens in South Australia to jointly held assets if you and your spouse die at the same time?
Do you remember the scene in Titanic where an elderly husband and wife choose to perish together rather than be separated? The couple were Ida Straus and her husband Isador Straus, Macy’s department store co-owner. Hankies aside, this story is interesting from an...
When can you benefit other people under an Enduring Power of Attorney?
An enduring power of attorney has the power to make a lot of decisions. However, without good planning, they may still not be able to do what you intend them to do. For example, if you appoint your spouse as your enduring attorney they will not be able to do anything that benefits themselves. Find out how to avoid these pitfalls.