In relation to the passing of the financial year, this episode raises another reminder about the importance of reading trust deeds.
Explores how to effectively manage the taxation consequences of a deemed capital gain arising from a transfer under a buy sell deed.
Explains how to deal with jointly owned assets in the event of a relationship breakdown or divorce for the purposes of estate planning.
Explains how to deal with the impact of a relationship breakdown or divorce on an estate plan.
Discusses the indefinite deferral on the abolition of duty by the New South Wales government.
Summarises directors' duties under the Corporations Act and how these have evolved over time.
Discusses the range of issues that should be considered by anyone providing an indemnity.
Explains the requirements and limitations of warranties in agreements.
There are some forms of liability against which a company will be required to indemnify its directors under the deed of access, insurance and indemnity where the company will not be covered by insurance.
Discusses the kind of events that Directors and Officers policies usually exclude cover for.
Discusses the agreements between companies and directors under deeds of access, insurance and indemnity.
A ratchet is a mechanism that varies the equity share that management receives on exit, depending on the achievement of certain objectives.
Looks at how the role of the appointor is often the most important to consider when establishing or reviewing a trust.
Reinforces the importance of reading a trust deed before taking any step or providing advice that involves a trust.
The estate planning health check app provides a quick and easy way to have clients embark on the estate planning process. In particular, the app walks through a number of the core issues that are likely to be relevant in relation to a person's estate plan.
Discusses specific reservations with insurance policies for business succession being owned by a company.
Looks at the widely publicised High Court judgment of Stanford v Stanford (2012) HCA 52 from the end of 2012 and the Family Courts’ powers to potentially displace the distribution of assets under an estate plan.
Explores a ‘hybrid’ approach to estate planning, where elements of both the single and multiple testamentary trust solutions are combined.
Discusses the wide range of factors that might be relevant in deciding to implement multiple testamentary discretionary trusts (TDTs).