BUSINESS STRUCTURES There are numerous different business structures available for business, each with their own pro’s and con’s and suitability depending upon the type of business. There is rarely ever one perfect option th [...]
What is a Testamentary Trust?
TESTAMENTARY TRUSTS EXPLAINED General Overview A testamentary trust is simply a trust that is created by an individual’s will which does not come into effect until the taxpayer dies. A testamentary trust is like any other [...]
Do you need an International Will? What happens if you inherit or hold international assets and you pass away? Generally a Will is only good for assets held within the jurisdiction that it was made. This means sometime [...]
Director Identification Number
As part of the 2018-19 budget, the Government announced changes that amend the Corporations Act 2001 and the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) to introduce a Director Identification Num [...]
Simple Estate Planning
A simple estate plan can consist of a Will, Enduring Power of Attorney and / or an Enduring Power of Guardianship and even an Advanced Health Directive. A Will, generally speaking, takes 2 forms, a simple Will or a Testamentary Tr [...]