The songwriter Richard Clapton, in 1975, warned: Girls on the avenue, they’re trying to get you in, Strolling by with their rosebud smiles. Sadly, Mr Sha didn’t heed such advice. While living with his wife, in Melbourne, Mr Sha engaged the services...
Couples Estate Planning Bundle $1,122 includes GST Start for free Checklist Singles Estate Planning Bundle $726 includes GST Start for free Checklist New profit centre for Accountants and Financial Advisers: Estate Planning I hope you enjoyed last week’s...
POAs and SMSFs To operate a complying SMSF you must usually: 1. live in Australia; and 2. be of sound mind. 1. Leave Australia: Your Self-Managed Superannuation Fund must satisfy a number of residency tests. One of those tests is that ‘central management and...
‘Life Estates’ do not work. Life estates in Wills are bad for tax. A ‘Right to reside’ is no better. A Life Estate (including under a Will) is an asset with two owners: Life Tenant – this person has the exclusive right to live and make a...
Company Constitution Replacement $445 includes GST Replace your old Memo & Articles of Association with a Constitution Start for free Checklist Memo & Articles of Association Australian companies created before 1 July 1998 had a ‘Memorandum &...
Need a Division 7A when the Family Trust lends money to a bucket company? You distribute Family Trust income to your children and spouse. As much as you can. But you run out of family members on a low marginal tax rates. The Family Trust then distributes the...