Recent changes to the tax legislation will require a purchaser to withhold and pay 10% of the purchase price to the ATO in certain circumstances. ...
Recent changes to the tax legislation will require a purchaser to withhold and pay 10% of the purchase price to the ATO in certain circumstances.
Marriage and divorce change the operation of Wills, but until a decision of the Supreme Court of Western Australia in Blyth v Wilken in December 2015, ceasing a de facto relationship did not.
The recent Queensland case of Masci v Masci [2015] QCA 245 highlights the dangers of failing to seek proper advice about your estate planning.
On 25 March 2015, the Queensland Supreme Court in Munro v Munro [2015] QSC 61, handed down a decision in which a document that was expressed to be a ‘binding death benefit nomination’ (BDBN) was found to be invalid, allowing the trustees of the SMSF to distribute the deceased’s death
The discretion of the trustee of a superannuation fund to choose the recipient of a death benefit is a core principle of estate planning, particularly where the benefits are in a self-managed superannuation fund.
An executor is a person appointed in someone’s Will to manage their affairs and carry out their wishes after they die.
It is common for people who control valuable structures and entities outside of their estate to make provision for their family through those entities when they die, as opposed to leaving gifts to them in their Will.
Although someone might be ‘eligible’ to bring a family provision claim, that alone does not guarantee success.
A ‘family provision application’ (FPA) is a type of estate challenge that can be brought to dispute the contents of a person’s Will after they die. An FPA is not the correct avenue to challenge the validity of a Will document. An FPA is usually filed where someone has been
Good estate planning ensures that your assets go to the people that you want to benefit when you die. A large part of good estate planning is having a valid and up-to-date Will.
A probate caveat is a document that is filed in court to prevent the proposed executors or administrators of a deceased person’s estate from getting permission to administer the estate assets.
People are often surprised to learn that their Will cannot deal with all of the assets that they manage or control when they die.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.