It Depends – What happens to an SMSF when a member loses capacity?
In this week’s edition of ‘It depends’, partner Hayley Mitchell covers what happens to your self managed super fund when a member loses capacity.
8 March 2021
In this week’s edition of ‘It depends’, partner Hayley Mitchell covers what happens to your self managed super fund when a member loses capacity.
Next up in our ‘It depends’ series, CGW partner Clinton Jackson talks about what is an ‘appointor’.
The reversionary pension, what it is, who can receive it and much more, answered in our video series, ‘It depends’.
Trusts are an integral part of the business and investment landscape because of the benefits they can provide to the people who establish and use them. But what happens when one generation dies and control is transferred to the next? This issue is becoming increasingly relevant as more people who have accumulated assets in trusts move into old age.
The recent Victorian decision of Re Owies Family Trust reinforces the importance of ensuring documents for structures such as family trusts (and self-managed superannuation funds) are correct.
The recent Victorian decision of Re Owies Family Trust reinforces the importance of checking variation powers in trust deeds and ensuring they are wide enough.
The tax treatment of a payment made from a superannuation fund can be quite different if it is received during a member’s life, as opposed to after their death. Many people talk about the distinction as being quite clear. However, the reality is that it is more complicated than that and leaving the signed forms in the bottom drawer may not be the best approach.
The government has reintroduced its Bill to increase the maximum number of people who can be in a self managed superannuation fund from four up to six. Many are excited about this concept, but is it really a good idea?
Organised by Lawyers Weekly, the Commercial Partner of the Year award recognises the achievements of Australia’s top partners and is judged on excellence in practice, proven benefits to clients and what sets him apart as a leader in the industry
What is a testamentary trust? What are the advantages of a testamentary trust? Should I include a testamentary trust in my Will?
The recent case of Re SB; Ex Parte AC [2020] QSC 139, has confirmed that the decision to make a binding death benefit nomination is a financial matter and therefore can be made for a person by their administrator (or attorney).
Doyle’s Guide has recognised Cooper Grace Ward as a first tier law firm in Wills, Estates and Succession Planning in the latest 2020 rankings, with two Cooper Grace Ward partners also listed as leading practitioners.