Where will your super end up after you die?

Compulsory superannuation commenced in the early 1990’s, introduced by the Keating government. From that time, employers had to pay super to employees. Tax concessions were attractive to allow any worker to also contribute to a super fund. Assets in super...

Trusts

Trusts are widely used for asset protection, succession planning and tax planning but they can be a complex area of law and are often poorly understood. Trusts need to be considered in any estate planning process. Trusts are a separate legal entity and the...

Market value and GST

It’s 6pm and everyone is tired and emotional after a heated and acrimonious mediation between brothers Patrick and George. They’re arguing over a price for George’s shares in the family company that owns the old family farm in which Patrick, your client,...

Proposed changes to the Duties Act

A bill has recently been introduced to Parliament (State Revenue Legislation Further Amendment Bill 2014 [2014]) that proposes a number of changes to the Duties Act 1997. If passed, amendments to section 62A are of note regarding property transfers to SMSF....