Life (Death) Insurance
Term life insurance is the most common form of life insurance policy currently available in the Australian market. It provides cover in the event either of death; or of terminal […]
View ArticleWhat is a Testamentary Trust?
A testamentary trust is a trust established in someone’s Will. It comes into existence only when the person dies. The following illustration shows the effect of including a testamentary trust […]
View ArticleTestamentary Trust used for income splitting with young Children
An Estate Planning strategy that has proven popular in modern practice is the use of the testamentary trust: one of the situations that have made this instrument popular is where […]
View ArticleEstate Planning – for peace of mind
You want to ensure that your accumulated wealth is passed on to the right people, in the right proportions and at the right time: that is the ultimate goal of […]
View ArticleImportant Estate Planning elements
What are the important elements in estate planning? They include your Will, an enduring power of attorney (EPA) and adequate insurance cover. In considering your Estate Plan, particularly the drafting...
View ArticleEstate Planning outlined
What is an Estate Plan? An estate plan is a strategic approach to the administration and distribution of the assets of an estate. An Estate Plan is a vital element of […]
View ArticleEstate planning and flexibility in the modern Will
What’s in a Will? As mentioned in our post ‘Estate Planning outlined’ two important documents to be found in an Estate Plan are the Last Will and Testament (Will) and […]
View ArticleAsset Protection using Estate Planning
Estate Planning done right, protects your gift Most people are happy to receive an inheritance: they will be even happier if they are able to retain the benefits of […]
View ArticleSuperannuation Death Benefit Nominations and Estate Planning
Where does superannuation fit amongst estate assets? Superannuation accounts are often a significant part of the estate of Australians (and are expected to become more so over the next twenty […]
View ArticleEstate planning dependent on a valid Will
Is my Will fully valid; and up to date? Estate planning is, as noted earlier in this series of posts, a process more so than a set of documents. However, […]
View ArticleChildren’s investment income taxed
What tax is payable on children’s investment income (minors)? The Table below sets out tax rates that were to be paid by individuals, resident of Australia (current as at October 2012). Children’s...
View ArticleTestamentary Trusts revisit
Why a Testamentary Trusts revisit? The testamentary trusts revisit is made for the benefit of clients and readers who have come to our site, without any prior awareness of the features and benefits of...
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