The pain of company guarantees

Your farming clients Paul and Mary have suffered an extended drought and are unable to meet their latest bank interest payment. They have come to you for advice. Their trading entity (which owes the money) is a discretionary trust with a corporate trustee of...

SMSF’s and estate planning

Over the past 20 years or so, about $1.7 trillion has accumulated in superannuation funds across Australia. Only Denmark holds more per capita in super. As a result, superannuation is often an individual’s largest asset, often surpassing the family home....

One business deal, multiple contracts: GST and stamp duty stings

You are acting for Charlie on the purchase of a chocolate factory. Money is tight and Charlie has been watching all expenses including your fees and stamp duty. The building is owned by Freddo and the business by his family company. Charlie intends to buy...

Present pain and future property

You do a lot of work with Samantha, a local accountant, so are not surprised when she calls to say she has a group of clients who are pooling their resources to buy a country property called ”Last Retreat” located not so far from the town in which you live...

Succession planning

Succession planning is the process of planning and documenting a client’s exit from a business when they either sell their interest, retire and transfer their interest to the next generation or cease to be involved in the business for other reasons such as...

The pain of company guarantees

SMSF’s and estate planning

One business deal, multiple contracts: GST and stamp duty stings

Present pain and future property

Succession planning

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