Maestrale v Aspite [2012] NSWSC 1420 highlights the importance of acting on instructions in a timely and professional manner. A solicitor who was ultimately found to have…
Pavuk Legal Resources
Life insurers may issue a death benefit policy that maybe owned by the life insured, a joint tenant, a trust, (whether a superannuation fund or…
In many family enterprises parents transfer ownership of the family business based on “sweat equity” (work performed in the business for less than market conditions)…
Superannuation benefits generally do not form part of an estate in the event of your death. As such, it is important that you plan appropriately…
A trustee of a self-managed superannuation fund (SMFS) is an individual or company that holds and invests the fund’s assets for the benefit of members….
For many small to medium owners of business or professional practices, having a comfortable retirement relies heavily on the financial success of their business or…
In March 2014, the government introduced a bill to give effect to a range of FoFA reforms, targeted at reducing the regulatory burden on the…
As any business grows and gains market share, acquiring other businesses to tuck in’ to an existing business or, in time, buying complementary assets, may…
An SPT is a trust upon the death of the testator. The superannuation death benefits are transferred to the trustee of the SPT (death benefit…
Trustees have been able to obtain judicial advice on matters affecting the management or administration of trust property and in respect to the interpretation of…