When creating a self-managed superannuation fund, care needs to be taken up-front to get the right trust structure in place for management of the fund.
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With the aid of a simple example Tom explains some of the issues that make splitting property a little more complex than you thought and why a family lawyer should be involved.
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Even if you think you don’t have any assets to distribute via a will, having a will in place will provide greater comfort to your family in the event of your death.
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Superannuation payments to employees are compulsory and there are serious ramifications if not paid on time.
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Superannuation can form part of a property settlement though due to its nature each situation is different.
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In this article, Russell Robertson explains how moving in and out of relationships can create domestic partnerships that have an influence on where your superannution goes should you die.
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Upon your death your superannuation and associated insurance benefits will be distributed by the Trustee of the super fund and not your Will. You can provide persuasive guidance through binding death nominations.
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Never make assumptions about where your superannuation will end up should you die for if left alone the destination changes as you move through different stages of life.
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Writing your own will, either from scratch, by modifying another or through a will kit has the serious risk that you do not get the result you are after. In this article Russell shares from his experience some of the problems that can arise.
Read MoreHaving prepared more than 5,000 wills over 30 years; Russell Robertson has been able to resolve plans for just about every situation that could possibly arise. For even the most complex situation, there is a solution. Many clients are often surprised that after a detailed conversation, a workable solution could be agreed upon relatively quickly. If you go to a specialist Doctor, you would expect that they would be able to diagnose and treat your condition, no matter how unusual. A specialist lawyer is no different. This post lists the key information you should bring with you to a meeting with your lawyer.
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