8 common misconceptions about Wills
In this article we discuss 8 common misconceptions we regularly encounter when assisting people get their affairs in order.
Superannuation and Family Provision Claims in NSW
Since the introduction of the ‘Notional Estate’ principle into the model succession law in NSW, some ‘asset structures’ are no longer effective to avoid assets being dragged into a squabble over a Will.
What is ‘Business Succession’?
You spend most of your time working in your business. But how much time have you recently spent thinking about how to protect the wealth that you are building in your business, or how to realise and pass this wealth on?
Find out what you can do with a ‘testamentary trust’ in your Will
‘Testamentary Trusts’ come in all shapes and sizes. From the very simple, to the super sophisticated. This article discusses some of the more common options you may wish to consider for your Testamentary Trusts.
How should I hold my life insurance?
Holding your life insurance policy through your super fund is not always as “tax-effective” as you may think.
Education Testamentary Trusts
An Education Testamentary Trust can be set up through your Will to fund all or part of the cost of primary, secondary and/or tertiary education for your children or grandchildren (or other dependents or relatives). An Education Testmanetary Trust may also be a very tax-effective way to achieve this outcome.
How to make sure the wealth in your family trust ends up where you intend
How do I ensure that the assets in our “family trust” end up being shared among my children in a fair and appropriate manner? How do I pass control of my trust to the next generation, or control over specific assets? What are the tax consequences of passing on trust assets now, or when I die? Find out here.