Corporate or Individual Trustee – what to consider for your SMSF A self-managed superannuation fund (SMSF) is a simply a trust structure, with favourable taxation concessions. Any trust structure must have trustee, and this can be either an individual, or a company...
Navigating Superannuation Death Benefit Tax: Strategies for a Secure Future Introduction: Superannuation plays a crucial role in securing our financial future, but understanding the intricacies of its taxation upon death is equally vital. The treatment of...
Who should think about asset protection? There may be several scenarios where asset protection may be an important consideration. Commonly it is important for sole traders, company directors and potentially people committing to a new romantic relationship. Why is it...
Estate planning is a critical aspect of financial management, ensuring that assets are preserved and distributed according to one’s wishes after death. Among the broad option of estate planning tools available, a family trust stands out as a versatile and effective mechanism for safeguarding wealth and providing for future generations. Understanding how to utilise a family trust in estate planning is possible for individuals seeking to protect their legacy and provide for their loved ones. Here are a number of considerations for establishing a family trust for estate planning purposes:
In the realm of financial planning and asset management, the term “family trust” often emerges, presenting itself as a crucial tool for safeguarding wealth and securing the interests of loved ones. But what exactly is a family trust, and why do individuals opt for this financial structure?
Findings, and recommendations of a historic independent review of the Reserve Bank of Australia (RBA) have been released. A comprehensive look under the hood of Australia’s central bank, as well as the bank’s own internal governance and processes.
