Reseal an interstate Grant of Probate in South Australia
Reseal an interstate Grant of Probate in South Australia We act as agent for interstate law firms, managing the registration of an interstate Grant with the South Australian Supreme Court on their instructions. Speak to a lawyer Fixed fees, agreed in advance We will confirm the scope of our work and provide you with the […]
Main residence CGT exemption and deceased estates: Why occupation rights matter
It is common for Wills to include arrangements that allow a family member to remain living in the family home for a period after the will-maker’s death. In circumstances where the home continues to be occupied as a residence prior to sale by the estate, the main residence Capital Gains Tax exemption has generally been […]
What to do if you suspect misuse of an enduring power of attorney
Suspecting that someone is misusing an enduring power of attorney can be very distressing, particularly when it involves a family member. Knowing the warning signs of elder financial abuse and understanding what legal options are available can make all the difference in protecting a vulnerable loved one. This article explains some of the common signs […]
Executors beware: you can be personally liable for the deceased’s debts
Being asked to act as an executor is usually taken as an honour. It is also one of the hardest jobs anyone can accept: you are being asked to grieve for someone and administer their affairs at the same time. What most people do not realise when they accept the role is that it carries […]
The clock is ticking: why your estate plan could be undermined by forgotten loans
If you’ve loaned money to a child, a family trust, or to entities within your personal investment or business structure, you might assume those debts will be honoured, or at least recognised, when you pass away. However, unless steps are taken to formally record and maintain those loan arrangements, your executor may discover too late that the loans are no longer legally […]
Set up a legal entity for your PAF, charity or NFP
Set up a legal entity for your PAF, charity or NFP Get the entity right so your cause can outlive the person who started it. Which entity should hold your charitable work? A charitable trust, an incorporated association and a company limited by guarantee are all used for the same causes, and they hand control, […]
Register and licence your PAF, charity or NFP
Register and licence your PAF, charity or NFP Get registered so donors are backing an institution, not just you. Until the registrations are through, your organisation is an intention rather than an institution. Donors can’t claim a deduction, grant bodies won’t consider you, and the ATO can look back at the structure later. We prepare […]
Run, manage and administer your PAF, charity or NFP
Run, manage and administer your PAF, charity or NFP Keep the obligations handled so the organisation stays about the cause. An organisation that is registered has to stay registered. That means an annual statement to the charity regulator, distribution obligations if you are a Private Ancillary Fund, governance standards the board has to actually meet, […]
Structuring advice for your PAF, charity or NFP
Structuring advice for your PAF, charity or NFP Choose the right structure for your giving before you commit to it. Structured giving starts with a decision that is hard to undo: which vehicle holds the money. A Private Ancillary Fund, a registered charity and a not-for-profit are governed differently, taxed differently, and hand control to […]
Transfer property title as surviving joint tenant
Transfer property title as surviving joint tenant We get the title into your sole name, so every bank, insurer and agent deals with you as the owner you already are. You chose joint ownership precisely so this would not be complicated. The house passes to you on your partner’s death, without a court, because that […]