The term ‘family trusts’ often refers to a form of discretionary trust in which the beneficiaries of the trust have no fixed entitlements to either income or capital. For the purpose of this article, we will refer to discretionary trusts as family trusts. The trustee of a family trust generally...

January is well known for its New Year’s resolutions. We all make them and most of us break them before the month is even out. If preparing a new Will or updating an old Will is one of your 2021 New Year resolutions, do not let it be one of...

Most Australians would not be familiar with the capital gains tax (“CGT”) event K3.  Any such readers can be forgiven for this, as the arcane rules surrounding CGT events can be difficult terrain for even experienced tax and estate planning professionals to navigate. This short article will highlight (in plain...

It can be difficult to know what to do when someone dies. See below for a simplified flowchart of the main steps you may come across. If you are an executor or administrator and need assistance at any point during the administration of an estate, do not hesitate to contact...

By now all Australians will be familiar with the ongoing revelations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.  There has been sustained and widespread media coverage dedicated to the various case studies the Commission has considered and the glaring examples of greed, incompetence...