SMSF vs Divorce – Not a perfect couple

Breaking up is hard to do. What happens to your SMSF when you divorce? Mum and Dad love Self-Managed Superannuation Funds (SMSFs). There are over 500k SMSFs in Australia. The average balance is $1M. SMSF vs divorce: an unhappy matrimony One in three marriages end in divorce. In a divorce, […]

When you die with superannuation two questions arise: Firstly, who gets the money? How can you ensure it goes where you want and not where the trustee decides? Secondly, what tax is payable by the recipient? What steps can you take to reduce the tax burden on the recipient? This […]

Brett Davies Lawyers has moved Since 1994, Brett Davies Lawyers has been at the Ground Floor, 201 Adelaide Terrace, Perth, WA. We have moved to Ground Floor, 39 Stirling Highway, Nedlands, WA. While I continue to own the business name ‘Brett Davies Lawyers’ I have decided to practice under ‘Legal Consolidated Barristers […]

Can a Unit Trust live forever? A Unit Trust is similar to a company. Each Unit gives an exact value of interest in the Unit Trust’s assets. Say there are two units in the Unit Trust. If you own one unit, you own 50% of the Trust’s assets. If you […]

SMSF vs Testamentary Trust ‘No longer is Super a tax haven or an Estate Planning tool – it is only for your retirement.’ Canberra speaks Super ‘loop-holes’ closed On 1 July 2016, the Liberals successfully passed legislation to make it harder to get wealth into Super – and then harder […]

Whitelist or add email addresses to your safe sender list in your email account To stop [email protected] going into junk or spam folders: go to ‘junk’ emails and ‘mark as not spam or junk’; or add to your Contacts; or add it to your safe sender list To add to safe sender […]