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31/08/2021Interested in understanding Testamentary Trusts vs Discretionary Testamentary Trusts, how they differ and how they can be incorporated as part of an intergenerational wealth transfer strategy, then look out for our webinar announcement in next month's SC News.
30/08/2021A question we get from time to time is whether the trustee(s) of an SMSF can enter into transactions with a fund member's former spouse whether the transaction is a loan, lease or another type. In this article, we will consider a number of compliance issues with SMSF transactions involving a former spouse.
26/08/2021An amendment bill has now been introduced into Parliament to permit the Australian Taxation Office (ATO) to provide details about the superannuation accounts of a party to a Family Law property proceedings.
26/08/2021The salutary lesson to be learned from this case is that before any action is taken in respect of superannuation pension, always consider whether the pension is subject to Centrelink "pension grandfathering".