Legal experts have called for the Australian Government to scrap a loophole that allows the wealthy to pass superannuation to their children as a tax-free inheritance.
Legal experts have called for the Australian Government to scrap a loophole that allows the wealthy to pass superannuation to their children as a tax-free inheritance.
A team of solicitors working for the estate of the deceased billionaire Michael Wright have challenged a decision to award a $25m inheritance to his teenage daughter.
Parenting disputes are one of the particularly emotionally taxing family cases. Who is the child to live with? How to keep meaningful involvement of both parents in a child's life? What if one of the parents wants to move, whether in search of friends or family support or to start a new job?
Many charities and not-for-profit (NFP) organisations benefit from gifts left upon death with many charitable bequests providing NFPs with vital funds to allow them to continue. However, with the emergence of DIY wills many charities are losing out from poorly constructed, loose Wills.
It was recently announced that the law governing Strata schemes in NSW is to undergo significant reform. This announcement comes after a prolonged period of dissatisfaction with the legal regime governing strata schemes, with many believing that there are significant changes required in order to bring strata schemes into the 21st century. With over a quarter of NSW’s population currently living under a strata regime, the proposed reforms will be of interest to a significant number of the population.
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