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Buying a house with friends or family
This article was originally published in the LawCentral Bulletin 390 on 7th November 2011 and is republished with permission of the author, Brett Davies. Question Hi Brett. I’m a recent university graduate. I’ve been lucky enough to land a graduate job earning a decent wage. The problem is, with rents so high and house prices [...]
Writing your own Will is dangerous
This article is republished courtesy of the original author, Brett Davies Lawyers. Please contact them directly for any questions and advice you may need on this topic. Question: My New Year Resolution was to write my own Will. I thought it would be easy. However, I have come to realise that Will writing is far [...]
Who can challenge a Will?
This article is republished courtesy of the original author, Brett Davies Lawyers. Please contact them directly for any questions and advice you may need on this topic. Who can challenge a Will? It doesn’t matter who you are – all Wills can be challenged by certain people. Potential challengers can only come from 5 types [...]
SMSF: corporate or human trustee?
This article is reprinted with permission of the article author LawCentral. The views expressed are entirely their own and within their expertise. Read the article or watch the video here. Question: My accountant suggested a corporate trustee for my Self Managed Super Fund. I already have a few companies – I know they are more [...]
Should you use a Corporate Trustee to run your Self Managed Super Fund?
This article is reprinted with permission of the author LawCentral. As with most things whether you use a corporate trustee to run your self managed superannuation fund entirely depends on your situation. Your accountant is the best person to ask. A Corporate Trustee is good if you fall into the following categories: You are secretive and own [...]
Update your Will when your cheating husband is given marching orders
Question: My client is distraught. After finding out that her husband’s personal assistant was taking the ‘personal’ part of the job literally, they are now divorced. I am a Western Australian accountant that wants to protect my already fragile client. I hear that divorce invalidates a Will. Should she make a new Will? What happens if she fails to make a new Will? Read the article for the answer…
Comparison of business structures
When you decide to establish a business it is first essential that you choose to operate within the appropriate business structure. Should you choose a company, discretionary trust (family trust), unit trust or a combination? The answer will have a significant impact on the tax you pay and the protection of your assets. For an overview of [...]
Checklist to ensure your SMSF deed is up to date
This article is reproduced courtesy of the author LawCentral. If you have a self managed superannuation fund (SMSF) it is essential that you as trustee regularly review the deed to ensure it is up to date. One benefit is that an up to date deed will give you access to the latest strategies as they [...]
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